CBO Releases New Estimates on Bill To Repeal Reform Law
On Friday, the Congressional Budget Office released additional details on projections for GOP legislation (HR 2) that would repeal the federal health reform law, estimating the repeal bill would reduce revenue by $770 billion through 2021 and cut spending by $540 billion during that period. The latest figures maintain CBO's previous estimate that the repeal bill would increase the federal deficit by $230 billion over 10 years.
- "CBO Offers More Details on Cost of Repealing Health Care" (Kasperowicz, "Floor Action Blog," The Hill, 1/7).