May 11,2009

Grassley: CBO Will Have Last Word on $2 Trillion Health Savings Proposal

M E M O R A N D U M

To: Reporters and Editors
Re: health care savings
Da: Monday, May 11, 2009

Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on health care groups’ meeting with the President at the White House and pledging to save $2 trillion in health care costs.

“There’s no doubt saving $2 trillion in health care costs would be a move in the right direction. When the White House and the industry put concrete proposals on paper and get a score from the Congressional Budget Office, then we’ll know if the suggestions really achieve that kind of savings, and it’ll be big news. For health care budgeting purposes, CBO’s word is the only one that counts.”