Congressional number crunchers say one current health care bill would save the government $81 billion over 10 years. Nancy Cordes looks at the numbers.
>> The new numbers give healthcare reform a much needed boost.
>> I'm very pleased.
>> Pleased because congressional number crunchers now say the $829 billion price tag for the senate finance committee's bill would be more than offset by fees on drug makers, taxes on top dollar insurance plans and trims to Medicare. The result: A new savings to government of $81 billion over 10 years. It's estimated the new bill would allow 29 million American's who don't currently have coverage. American's like Javier Salinas assumed spelling to buy it. His family of 4 could get a subsidy of $5500 a year for health insurance because they earn less than $88,000 annually.
>> I constantly thinking if one of my kids is gonna sick or you know something else and then but with that help from the government is a piece of mind.
>> Wealthier American's would be required to buy insurance or pay a penalty. Up to $750 a year while businesses with more than 50 workers would have to pay up to $400 for every low income worker they don't cover.
>> Excellent.
>> That means that the owner of the DC restaurant where Javier works would be exempt because he only has 32 employees. So your responsibilities wouldn't change at all.
>> Thank God. Thank God they wouldn't change it all because this year was our worst year ever in business.
>> Republican's still oppose the bill despite the lower price tag.
>> The fact is the numbers arrived at by taxing businesses, by taxing people who have insurance as well as cutting benefits for seniors. That's not an acceptable health care reform recipe.
>> Plus the recipe is still being written. This bill is 1 of 5. It has to be reconciled with the others so all those figures are bound to change. Maggie.
>> Nancy Cortus assumed spelling in Washington thank you Nancy.
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