The new estimate was included in a letter the budget office sent Friday to Sen. Orrin Hatch, R-UT.
An Associated Press story in The Star Tribune reports the CBO now says a Senate bill adding five years of financing to the program would cost $800 million. Previously, the analysts estimated it would cost $8.2 billion.
The lower cost projection doesn’t resolve the main barrier the bill faces. Extending the children’s health program has become enmeshed in a battle among Trump and lawmakers over how to protect hundreds of thousands of younger immigrants from deportation, and how much added money should be spent on defense and domestic programs.
Once those more heated disputes are resolved, the conflict over children’s health should end quickly.
Read just how the CBO reached the lower cost projection in The Star Tribune