By Jeffrey Young,The Hill
Senate Democrats and Republicans seized on the report,issued Monday by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT),to bolster their arguments on the same day the floor debate formally commenced.
To Democrats,the report affirms the bill offers affordable access to healthcare to tens of millions of people without insurance while offering modest relief to the nearly 160 million people who receive insurance through their jobs.
“Most Americans will see lower premiums as a direct result of reform,” Senate Majority Leader Harry Reid (D-Nev.) said in a statement. “Today’s analysis confirms that millions of Americans who lack the necessary coverage to avoid potential financial ruin would have access to more coverage at an affordable price because of our proposal.”