M E M O R A N D U M

To:       Reporters and editors

Re:       Health industry cost savings

Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on the health industry’s proposals to help save $2 trillion in health care costs. 

“I’m skeptical that these proposals will add up to anywhere near $2 trillion.  In the legislative process, proposals rise or fall based on what CBO says about them, and the same will be true here.”