Republicans Dispute Senate's Findings —
Last night, the Congressional Budget Office finally weighed in on President Obama's proposed health care plan, and came back with a startling finding: the proposal would actually reduce the federal deficit by $81 billion over the next ten years. That's a shot in the arm for Democrats, but some Republicans are disputing the Senate Finance Committee's findings.
"The claims that we're saving $81 billion by spending $829 billion, you know, you can say that if you want to go ahead and really rob Peter to pay Paul. And that's exactly what's going on here," Virginia House Republican Minority Whip Eric Cantor told CBS's "Early Show" anchor Maggie Rodriguez Tuesday.
Cantor told Rodriguez he and other Republicans would reject the notion of government takeover of health care, and would talk to House Majority Leader Rep. Steny Hoyer to see what the Republicans and Democrats could agree on.
The Senate Finance Committee also found Obama's plan would cover 94 percent of legal, nonelderly Americans within 10 years and would be paid for through a combination of tax increases and spending cuts, CBS reported.