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July Business Services
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July Business Services
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New York City District Council of Carpenters Benefit Funds
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CBO Finds 19 Million Would Become Uninsured If Health Law Repealed
Kaiser Health News June 21, 2015
"The report is the first time CBO has analyzed the costs of the health law using a format favored by congressional Republicans that factors in the effects on the overall economy.... CBO projected that a repeal would increase the federal deficit by $353 billion over 10 years because of higher direct federal spending on health programs such as Medicare and lower revenues. But when including the broader effects of a repeal on the economy, including slightly higher employment, it estimated that the federal deficit would increase by $137 billion instead. Both estimates are higher than in 2012, the last time that the CBO scored the cost of a repeal."
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