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CBO Cost Estimate for H.R. 4118, 'Suspending the Individual Mandate Penalty Law Equals Fairness Act'
Congressional Budget Office [CBO]
Mar. 4, 2014
"The legislation would delay for one year the imposition of penalties associated with the requirement that most residents of the United States have health insurance coverage beginning in 2014. In addition, H.R. 4118 would shift by one year the schedule of penalties for people who do not comply with that mandate. CBO and the staff of the Joint Committee on Taxation (JCT) estimate that enacting H.R. 4118 would reduce federal deficits by roughly $10 billion over the 2014-2019 period and by roughly $9 billion over the 2014-2024 period."
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