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View Full Version : CBO: Obamacare Repeal Would Save $1.4 Trillion



megimoo
02-19-2011, 02:55 AM
In a letter to House Speaker John Boehner (R., Ohio), CBO Director Douglas Elmendorf writes: The enacted legislation contained a set of provisions designed to expand health insurance coverage that was estimated to increase federal deficits.

The costs of those coverage expansions—which include the cost of the subsidies to be provided through the exchanges, increased outlays for Medicaid and the Children’s Health Insurance Program (CHIP), and tax credits for certain small employers—will be partially offset by revenues from the excise tax on high-premium insurance plans and net savings from other coverage-related effects. By repealing those coverage provisions of PPACA and...

http://www.freerepublic.com/focus/f-news/2676173/posts

http://www.nationalreview.com/corner/260153/cbo-obamacare-repeal-would-save-1-trillion-andrew-stiles

lacarnut
02-19-2011, 03:10 AM
One of the comments asked "how much would the country save with impeachment?"

Another writer quipped "the country.":)