Will the Proposed Health Reform Plan Cut the Deficit?

What does the health reform bill mean for the economy?

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The Congressional Budget Office released estimates today saying that the proposed healthcare reform plan will cost $940 million over 10 years. According to the Washington Post, House Majority Leader Steny Hoyer also says the overhaul will reduce the federal deficit by $130 billion over the same time period, and $1.2 trillion the decade after that. While some Democrats, including House Speaker Nancy Pelosi, call these anticipated reductions "a triumph" and expect the bill to pass soon, many of the healthcare bill's critics maintain their doubts about the plan's financial effects on the nation.

What do you think? Will the healthcare bill help or hurt the U.S. economy? Take our poll and post your thoughts below.

This poll is now closed, but the debate continues in the comments section.

Previously: Is Pelosi's 'Deem and Pass' Healthcare Reform Strategy Acceptable?