WSJ NEWS ALERT: CBO Says Health Bill to Cost $940 Billion; Deficit Reduction Seen

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The Congressional Budget Office has determined the latest version of the health overhaul will cost $940 billion over a decade, according to a Democratic aide. House leaders plan to unveil the final package later today.

Rep. Steny Hoyer said the health-care package will also reduce the federal deficit by more than $100 billion over its first 10 years — and more than $1 trillion in the second decade.

House Democrats have been working on a package of changes to the health bill passed by the Senate on Dec. 24.

http://online.wsj.com/article/SB10001424052748704207504575129451183093496.html?mod=djemalertNEWS

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