Public Option Health Care Plan Saves Money

No reason not to do it.

According to a pair of Capitol Hill sources, preliminary estimates from the Congressional Budget Office suggest that a strong public option–the kind that the House of Representatives is putting in its reform bill–should net somewhere in the neighborhood of $150 billion in savings over ten years.

The sources cautioned that these were only the preliminary estimates, based on previous discussions–that CBO had not yet issued final scoring on language in the actual bill. But the sources felt the final estimate would likely be close.