Moreover, CBO's baselineprojectionsunderstatethebudgetdeficits thatwouldariseundermanyobservers' interpretation ofcurrentpolicy, as opposed to currentlaw.
Their baselineprojections look for 8 percent export growth, assuming a stabilizing U.S. economy, robust emerging markets recovery, and improving Chinese demand.
My understanding is that the White House's position has always been that it favours a public option, thinks a public option is a good idea, wants to see a public option in a bill, and also wants to sign a health reform bill that passes congress, covers the uninsured, and reduces long-run health cost inflation relative to current baselineprojections.
The Congressional Budget Office gives its baseline budget projections for fiscal years 2013 to 2023 in its February 5, 2013 Budget and Economic Outlook: Fiscal Years 2013 to 2023.