Court Health Decision May Affect Deficit, CBO Leader Says
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To all the uncertainty over the future of the U.S. budget add one more factor: the Supreme Court, said Congressional Budget Office Director Doug Elmendorf.
The justices’ decision, expected this month, on whether to strike down all or part of President Barack Obama’s health-care overhaul may have a significant effect on the budget deficit, Elmendorf said today at a meeting with reporters. He said the court might save the government hundreds of billions of dollars, or add to the deficit, though it’s impossible to predict.