April 10, 2012

Health Care Reform's Effect on the Federal Deficit

From 2012 to 2021, the Congressional Budget Office (CBO) estimates that the health care law will decrease our federal deficit by $123 billion.  

However, corrected estimates of the law's provisions show a $1.16 trillion increase in spending and a $346 billion increase in the deficit. 

If Congress ultimately acts to overturn certain savings provisions under the ACA in a manner relatively consistent with historical precedent, spending will increase by $1.24 trillion and the deficit will increase by $527 billion.

(Click to enlarge)