Obamacare Repeal and the Federal Budget
Congressional Budget Office Analysis
The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimate that enacting H.R. 3762 would decrease deficits by about $130 billion over the 2016 to 2025 period. That estimate includes two components. First, excluding macroeconomic feedback effects, the legislation would reduce deficits by about $79 billion. In addition, the macroeconomic feedback would reduce deficits by an additional $51 billion, CBO and JCT estimate. Those effects would result from changes to both direct spending and revenues. The 2016 to 2025 total consists of $77 billion in on-budget savings and $53 billion in offbudget savings. The…
