Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|CBO: Because of Our Massive Uncertainty on the ACA's Myriad of Impacts, We Have No Clue What a Repeal Would to Do the Deficit|
June 30, 2015
"[T]he government's report concludes that it cannot accurately project whether a repeal of PPACA would increase, reduce or have no impact on federal deficits. But, when compelled to give one answer, their best guess is that it would increase the deficit by 1.9%. Stated alternatively it would increase our national debt by 0.75% -- well within their margin of error.... A reading of [recent] headlines leads one to believe that a repeal would clearly and decisively be a horror.... [In] reality the actual impact is not something the CBO was nearly so certain of[.]"
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