CBO: Obamacare Costing The Feds A Third Less Than Expected

Tierney Sneed · Monday, March 06, 2017, 11:52 am

The Congressional Budget Office said Friday that its projections for the federal government's spending on the Affordable Care Act's coverage provisions in 2019 are now a third lower than what they were when the law was passed in 2010.

CBO Director Keith Hall said in written responses to questions posed by the House Budget Committee that the CBO expects the federal government to spend $148 billion in 2019 on the law's coverage provisions, down from the $214 billion estimated when the law was passed.

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