Fiscal Impact of Health Care Reform and Its Repeal
Congressional Budget Office Analysis
The Congressional Budget Office (CBO) and the Joint Economic Committee (JCT) estimated that the March 2010 health care legislation would reduce budget deficits over the 2010–2019 period and in subsequent years; consequently, we expect that repealing that legislation would increase budget deficits. Impact on the Federal Budget in the First Decade. As a result of changes in direct spending and revenues, CBO expects that enacting H.R. 2 the Repealing the Job-Killing Health Care Law Act] would probably increase Federal budget deficits over the 2012–2019 period by a total of roughly $145 billion, plus or minus the effects of technical and…
