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Reid presenting $849 billion health bill to Dem. caucus, cuts deficit by $127 billion over 10 years



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The Senate Majority Leader, Harry Reid, is meeting with the Senate Democratic caucus to present the health insurance reform bill that should proceed to the Senate floor. Sam Stein has the very early report on the bill:

A preliminary analysis of the Senate health care legislation has the bill costing $849 billion over the next decade while covering 94 percent of eligible Americans, a senior Democratic aide told reporters on Wednesday afternoon.
In addition, Reid's office reports that his bill would "cut the budget deficit by $127 billion over the next 10 years."

Reid needs all 60 Democrats on board to move the bill forward -- a move that should happen within days. Ben Nelson (D-NE), one of the most conservative Democrats is sending signals that he's ready to vote for that. Then, the real work -- and the real games begin.

Once more details become available on Reid's bill, we'll post them.


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