Congressional Budget Office News

Private Premiums Under Affordable Care Act 15% Below Forecast, Says CBO

The health law will cost $104 billion less over the next decade, the Congressional Budget Office said after premiums for private Obamacare plans came in lower than the agency expected. The premium for a benchmark “silver” level plan, the second-most …

White House Disputes CBO Claim That Obamacare to Cost 2 Million Jobs in 2017

The Congressional Budget Office said on Tuesday in a report that President Barack Obama’s healthcare law will reduce American workforce participation by the equivalent of 2 million full-time jobs in 2017, a finding that could fuel Republican efforts to paint …

Cost of Obama Healthcare Law Lowered Under Latest Congressional Analysis

The estimated net costs of expanding healthcare coverage under President Barack Obama’s landmark restructuring have been reduced by $48 billion through 2021, though fewer people would be covered under private insurance plans, a new analysis from the nonpartisan Congressional Budget …