Wednesday, July 31, 2013

CBO: Obamacare 'delay' will add $12 billion in debt, put another 500,000 on welfare | Human Events

Here is the Congressional Budget Office’s cost estimate of the Obama administration’s one-year employer mandate delay (which many believe will be repealed altogether.) The Obama administration’s  unilateral decision to put off the mandate — after CEOs groused to the administration about the cost of implementation — will increase federal spending by $3 billion in 2014, reduce federal revenues by a net $9 billion, and add $12 billion more in debt than previously estimated.

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