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Monday, October 26, 2009

REID TO SUBMIT BILL FOR COST ESTIMATE TODAY

Senate Majority Harry Reid (D-Nv.) said today at a news conference that he will be sending a complete package to the Congressional Budget Office (CBO) later today -- with some policies having multiple options. That score is predicted to take about two weeks to complete. Whether the public will have access to the legislative language before the cost is calculated is unclear. Once the bill comes back from CBO, it will take 60 votes to begin debate - which might be limited to two weeks.

While the Senate bill appears to be nearly complete - though unscored - the House has made less progress. After failing to count enough votes for the public option, Democrats met late on Friday to move toward a solution, reaching no compromise.

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