Alexander Statement on CBO’s Preliminary Estimate of Democrats’ Health Care Proposal

Posted on October 7, 2009

U.S. Senator Lamar Alexander made the following statement Wednesday regarding the CBO’s preliminary estimate of the Finance Committee’s proposal: “This is an estimate of a concept, not a formal cost analysis of an actual bill. What we know at this point is that the bill cuts Medicare, raises taxes, and increases insurance premiums for tens of millions of Americans. It imposes onerous new costs on states and is likely to increase the federal debt. We need to see the actual bill text and know its exact text before we begin a lengthy debate about whether it’s the right direction for our country.”