Baucus Bill Passes CBO Test

Worth Clicking: Blasts from the past wound Romney

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September 16, 2009

Baucus Bill Passes CBO Test

Despite intense criticisms from both Republicans and Democrats, the Congressional Budget Office has released its preliminary score of the health care bill introduced today by Senate Finance Committee Chairman Max Baucus (D-MT) and finds it covers 94% of legal residents and reduces the deficit.

Importantly, the bill also reduces the budget deficit in future years.

Ezra Klein: "This good score is the product of the Finance Committee's sources of funding, not the relative stinginess of its subsidies. The Finance Committee could make the bill more generous, raise a bit more in revenues and still keep it deficit-improving over the next two decades. And it should."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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September 16, 2009