08/28/2009 05:12 am ET Updated May 25, 2011

CBO Gives Boost To Obama Health Plan

Democrats in the U.S. House of Representatives pounced on a congressional budget analysis to bolster their plan for a government-run health insurance option on Monday, as party leaders said they were closer to agreement on healthcare reform.

The report by the nonpartisan Congressional Budget Office said the public option proposed by Democrats would not drive private insurers out of business and most people would still choose to get their medical coverage through employers.

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