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View Full Version : CBO: Repealing The Penalties Will Reduce The Deficit




angelatc
09-16-2015, 10:37 PM
Something else the weak GOP won't get passed, no doubt.

https://www.cbo.gov/publication/50821?utm_source=feedblitz&utm_medium=FeedBlitzEmail&utm_content=812526&utm_campaign=0


CBO and JCT have completed a preliminary estimate of the net budgetary effect of eliminating the requirement that individuals purchase health insurance and associated penalties established by the Affordable Care Act. We estimate that eliminating that requirement and the associated penalties would reduce the deficit by about $305 billion over the 2015-2025 period. That total consists of a $311 billion decrease in direct spending partially offset by a $6 billion decrease in revenues.

Charts at the link.