Repealing Obamacare Mandate Would Save $338 Billion, CBO Says
- CBO analysis also finds 13 million more uninsured if repealed
- Speaker Ryan says that repeal could be added to tax proposal
Tax Reform Markup Brings Changes Ahead of Deadline
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Rolling back Obamacare’s requirement that all Americans have health insurance would save the U.S. $338 billion over 10 years, according to the Congressional Budget Office, a smaller benefit than previously projected for a plan favored by the White House.
Republicans are considering repealing the coverage rule in the Affordable Care Act as a way to pay for far-reaching changes in the tax code. The savings would come from the government spending less to subsidize Obamacare plans as more people opt to forgo health coverage.