CBO: House GOP plan exceeds $880B savings target

The Energy and Commerce Committee, which has jurisdiction over Medicaid, surpassed its target of finding $880 billion in savings to help pay for legislation to extend President Trump’s tax cuts and other priorities, according to the Congressional Budget Office (CBO). 

In a brief letter to Energy and Commerce Committee Chair Brett Guthrie (R-Ky.), the CBO said the committee’s reconciliation recommendations would reduce deficits by more than $880 billion by 2034 and “wou...