Senator Baucus stated the Senate bill has passed several tests by government budget offices. The Congressional Budget Office and the Health and Human Services Actuary (Accountant) that oversees Medicare has stated the current Senate bill would extend Medicare solvency for eight additional years. That puts the solvency of Medicare to the year 2025.
Senator Baucus also stated, the Senate bill would bring sincere savings to the Federal Debt, nearly of a tillion US over ten years. These savings would be due to cuts in wasteful spending that are currently built into Medicare.
