CBO Says House SGR Bill Would Add To Deficits, Even Far In The Future

The bipartisan House bill to replace Medicare's physician pay formula and extend the Children's Health Insurance Program would cost $141 billion over 10 years, according to the Congressional Budget Office, and despite assertions from some Republican supporters of H.R. 2 that it would save money in the second decade, CBO makes clear the bill would add significantly to deficits throughout both decades. However, CBO also reports that the legislation could result in a small net savings to Medicare in the...