The Senate healthcare bill Harry Reid revealed today spans 2,074 pages, marginally longer than the House bill's 1,990 pages.
The Congressional Budget Office (CBO) has estimated that it will cost $849 billion over ten years, will reduce the deficit by $127 billion and would cover 31 million Americans.
Reid presented the bill to his caucus at a 5pm meeting. Democrats are pleased that the legislation comes in under the $900 billion maximum Obama has mentioned and reduces the deficit.
Republicans, meanwhile, slammed the bill as a costly "experiment."
“While Americans have been clear about their opposition to thousand-page bills for new government programs, it’s now abundantly clear that Democrats haven’t been listening," Minority Leader Mitch McConnell (R-Ky.) after the bill was released "This is yet another trillion-dollar experiment, but it is not what Americans bargained for."
Democrats hope to open debate on the bill as early as Friday, but GOP demands that the entire bill be read aloud could delay that until next week.