House bill to delay or repeal parts of Obamacare would cost nearly $52B: CBO

Wednesday, September 12, 2018 | Tag Cloud Tags: , , , , , ,

(Worthy News) – A House bill to delay or repeal certain parts Obamacare would cost the federal government $51.6 billion over a decade, according to a new government analysis released Tuesday.

The latest report, from the nonpartisan Congressional Budget Office, comes ahead of a meeting House lawmakers have scheduled for Wednesday to discuss the bill, known as the Save American Workers Act.

One portion of the bill that would cost $25.9 billion from 2019 to 2028 is the delay of what is known as the “employer mandate.” It originally was intended to go into effect in 2014 and required companies with 50 or more full-time workers provide health insurance or otherwise face a penalty. The mandate was delayed several times with bipartisan support, but it applied to companies with 100 workers or more beginning in 2015. [ Source: Washington Examiner (Read More…) ]

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