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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 This material may not be published, broadcast, rewritten or redistributed.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 73 391 11,120
MORTGAGES 88 481 13,903
FORECLOSURE NOTICES 0 0 2,278
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