CBO: Obamacare mandate repeal would cut deficit by $338 billion
Thursday, November 9, 2017 | Tag Cloud Tags: CBO, Congress, deficit, GOP, News, Obamacare, Senate, tax, Tax Reform, Worthy News
(Worthy News) – Repealing Obamacare’s individual mandate would save the government $338 billion over a decade and result in 13 million more uninsured Americans in 2027, according to a new CBO score.
Congressional Republicans are considering axing Obamacare’s requirement that most Americans obtain health coverage as part of a tax reform package, although there is resistance from GOP leaders who fear the provision would be rejected in the Senate because it would also mean millions in coverage losses and revive the partisan debate on the rest of the Affordable Care Act.
The CBO score was based on prior legislative text to repeal the mandate, not on new language related to tax reform. [ Source: Politico (Read More…) ]
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