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GOP re-interprets CBO scores

From NBC's Betsy Cline
Sen. Jeff Sessions (R-AL) accused Senate Democrats being dishonest about the cost of the health care bill: "What we've seen is a colossal misrepresentation of the CBO scores."

Sessions, pointing to a large flow chart, said the Democrats are double-counting. He described the situation as money coming into the Medicare trust fund being used to fund the new health care legislation, with the Treasury basically writing Medicare a very large IOU. And that, Sessions said, "is a $300 billion dollar misrepresentation."

Sessions was joined by Sens. Jon Kyl (R-AZ) and Judd Gregg (R-NH) for today's news conference on Capitol Hill. Kyl said he's hoping this information from the Congressional Budget Office will help sway the votes of those Democratic senators who have promised not to vote for a bill that would increase the deficit:

"This disclosure reveals a massive hole in their argument," Kyl said. "So for all of our colleagues that said they wouldn't support a bill that adds to the deficit, that's why this is important."