CBO issues correction: Health bill nixes deficit less than thought - The Hill's Blog Briefing Room

The Congressional Budget Office (CBO) corrected its estimate of the Senate health bill's costs on Sunday, saying it would reduce deficits slightly less than they'd predicted.

In a letter to Senate Majority Leader Harry Reid (D-Nev.), CBO Director Douglas Elmendorf said that the nonpartisan budget office had overestimated the extent to which the legislation's new Independent Payment Advisory Board would bring down the deficit.

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