Son Cbo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Trillion in savings, more spending reductions proposed than any administration in history. this budget will balance in 15 years. >> congressman, is that true? >> well, it's not likely. one of the things that they're doing is they're projecting consistent growth in the economy at 3%. there's virtually no economist in the country that's projecting that kind of growth. cb son cbo is somewhere around 1.9% over that window, so the assumptions they make i think are very flawed and overly optimistic. yeah, they do cut a lot out of spending. but what's interesting about that is the spending that the c...

Not have health care. millions more i should say. let's go to our dynamic duo of reporter reporters, chris jansing and kasie hunt on capitol hill. both were listening in and chris i want to start with you. that is about the fastest i have ever seen the white house react to anything. >> reporter: yeah, right after the number went out, i went upstairs and they were huddled. we knew that something was going to come out. look, it was clear over the las week actually and certainly intensively over the weekend, they knew these numbers were going to be bad. i'm not sure they anticipated that they wou...

It basically says, that we'll be right back at pre-obamacare status with 40 million people uninsured in that country. we believe that the plan we're putting in place will eninsure more individuals that are currently are ensured. we think that cbo simply has it wrong. >> one of the things tom just said, it bears repeating. the cbo score, assumes that if you are on medicaid today, that you choose to get off medicaid after the mandate goes away. does that make sense to anybody? you're on a free program -- because the plan doesn't get rid of medicaid expansion. what the cbo told you if you're on m...

That is more than half of that person's income. lindsey graham is responding to the cbo. let's listen. >> i don't think this is particularly good news. if they are half right, there are a lot of people uninsured. it does reduce deficit and premiums some. give me a chance to look at it closer. we should take the cbo report and see if we can make the bill better. >> where does it go now, beth? >> well, even on defer sicit reduction, $36 billion a year is not significant. if terms of the numbers, you can spin them until the cows come

As well as costing more for people. so it doesn't achieve anything it sets out to do. it's a clear message to the constituents as to how it's going to affect them. it has a ten year that says it don't matter to us who suffers. >> can senator get this bill passed to the senate? >> if you look at how many republicans have spoken out against the bill, senator cotton is someone i don't usually agree with b he said don't do it so fast. they are rushing the bill through. the more exposure it gets, the less popular it becomes. read the bill. they have no time to read the bill. cbo issued the report t...