CBO estimates the VA bill — STICKER SHOCK! (click to read)

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Below from FNC Chad Pergram:

Urgent: CBO now estimates VA bill will cost $35 billion

 

CBO puts out new cost estimate for House VA reform bill. Says it will cost $35 billion over a decade. I am told that members of the Veterans Affairs Committees and the VA conference committee are trying to sort through the new set of numbers. The numbers we got two weeks ago were preliminary figures.

 

Most lawmakers argued that the original set of CBO numbers were simply too high..and driven high because of rules CBO must adhere to when evaluatnig the pricetag of measures. But lawmakers believe the numbers will actually be much lower.

 

Still, this doesn’t eliminate some of the sticker shock which seems to keep House and Senate conferees from forging an agreement to reform the the VA.

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