Tab for ‘Affordable’ Care Act Jumps $136 Billion

Tab for ‘Affordable’ Care Act Jumps $136 Billion

Six years after its inception, government forecasts concerning the cost of the Affordable Care Act (ACA, or “Obamacare”) continue to climb. Now the Congressional Budget Office (CBO) says the bill over the next decade will be approximately 11% higher than predicted just a year ago—that’s an extra $136 billion, for a total of $1.34 trillion over that time. The CBO chalks the greater cost up to higher-than-expected enrollment in the expanded Medicaid program established by …

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