Congressional Budget Office (CBO) News

Why Federal Flood Program Is Sinking Deeper Into Debt: CBO Report

The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey. The National Flood Insurance Program (NFIP) is currently on a path that will lead …

Obamacare Individual Premiums Would Rise 20% Without Insurer Subsidies: CBO

Health insurance premiums for many customers on the Obamacare individual insurance markets would be 20 percent higher in 2018 if U.S. President Donald Trump follows through on a threat to stop billions of dollars of payments to health insurers, a …

Here is Summary of CBO’s Analysis of Republican Health Care Proposal

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimate that enacting the Republicans’ American Health Care Act would reduce federal deficits by $337 billion over the coming decade and increase the number of …

Affordable Care Act Cost Estimate Drops Due to Lower Subsidies, Enrollment

U.S. Congressional forecasters on Monday once again cut their estimate of Affordable Care Act health insurance coverage costs, citing unexpectedly less spending on premium subsidies and lower enrollment rates through exchanges set up under the 2010 reform. The $142 billion …

U.S. Says Affordable Care Act Enrollment Hits 9.5 Million

More than 9.5 million people have signed up for 2015 individual health insurance on the new exchanges created under the national healthcare reform law, the U.S. government said on Tuesday, a number that surpasses its enrollment target for the year. …

Affordable Care Act Subsidy Cost Estimate Lowered

Obamacare will cost 7 percent less than expected over the next decade for federal subsidies to help lower-income people pay for private health insurance, congressional researchers said on Monday. A report by the nonpartisan Congressional Budget Office (CBO) said insurance …