That $1 trillion is a number the Congressional Budget Office is looking at right now. Estimates by others have used $1 trillion as a starting point and go up to $1.5 trillion.Please recall that our president "budgeted" only $637 billion for health insurance. But that number presupposes that almost everyone who is not now insured will buy the subsidized package. The only way to realize the $2 trillion in savings Obama needs to make the plan work is for nearly everyone to be on board. But the CBO says that's a crock as The New Republic' s Jonathan Cohn points out in his exclusive look at the early CBO estimates:So what does CBO think this time around? Late last month, after weeks of working overtime to keep up with the huge domestic agenda, CBO began delivering some prelimiary estimates on health reform. According to several sources familiar with the estimates, it's something of a good news/bad news story: The good news for reformers is the CBO's determination that...(Read Full Post)