Finance Committee Waits On CBO Estimate

After a busy September, members of the Senate Finance Committee remain in a legislative holding pattern at least for the next couple of days, awaiting additional financial data from the Congressional Budget Office and keeping at bay plans for a vote.

Committee Chairman Max Baucus (D-Mont.), who last week steered his health reform package through the amendment process, said he’s uncertain when the CBO will deliver a price tag, or “score,” for the bill. “They haven’t reported back to us yet,” he said. Until they do, committee members won’t hold a final vote on legislation despite having wrapped up the amendment process early this past Friday.

In the meantime, Baucus pledged that other senators would have ample time to review the CBO’s numbers before moving ahead with the process.  Sen. Olympia Snowe (R-Maine), who’s seen as a potential swing vote on reform, echoed the chairman’s comments.

“The Congressional Budget Office needs the time to do its job and not be encumbered by artificial constraints,” she said. “So that’s honestly very important to me. And how it comes out does have material impact on my vote.” Read more…

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