This afternoon, the Congressional Budget Office (CBO) released an analysis of the manager’s amendment that Senator Reid filed this morning.
Roughly 31 million Americans would receive coverage under the legislation.
CBO said that the final legislation, will cost $871 billion over the next 10 years and reduce the deficit by $132 billion over the same period.
The final Senate bill will cost more than the 2,074 page health care reform bill first unveiled by Senator Reid last month (CBO had scored that bill as costing $848 billion over 10 years).
The Senate legislation has undergone a number of changes during the last 17 days of debate and amendments. Perhaps the biggest change, is the decision by Senate Majority Leader Reid to drop the opt-out public option provision in favor of one that will allow individuals between ages 55 and 64 to buy into Medicare.