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VOL. 124 | NO. 117 | Wednesday, June 17, 2009

AP Sources: Senate Health Overhaul Costs Top $1.6T

RICARDO ALONSO-ZALDIVAR | Associated Press Writer

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WASHINGTON (AP) - Senate sources say the latest cost estimates for health care legislation are around $1.6 trillion over 10 years.

Two Senate staffers, one Democratic and one Republican, said Congressional Budget Office estimates put the cost of the Finance Committee version of the bill at around $1.6 trillion.

A third staffer, a Finance Committee Democratic aide, indicated committee members are working to lower the cost to less than $1 trillion over 10 years, a level preferred by the Obama administration.

The staffers spoke on condition of anonymity because of the sensitivity of negotiations over the legislation.

Cost problems have slowed work on the sweeping legislation.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 0 58 3,853
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
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