A new government health insurance plan sought by President Barack Obama and congressional Democrats could coexist with private insurers without driving them out of business, an analysis by nonpartisan budget experts suggests.
The estimate by the nonpartisan Congressional Budget Office — seen as good news by Democrats — comes as leaders pushed Monday to make progress on health care overhaul before lawmakers go home for their August recess.
While the CBO has entirely debunked the Republican claim that the public option would put private insurers out of business, I was kinda hoping it would, honestly. But close enough. I'll take it.