the staff of the Ridgewood blog
Washington DC, , the Congressional Budget Office (CBO), the nonpartisan agency responsible for “scoring” the financial impact of U.S. legislation, confirmed Thursday that it was hit by a major security incident. This attack is particularly concerning as officials reportedly suspect a foreign actor is behind the intrusion.
Congressional Budget Office : Obamacare will cost $50,000 per person
JANUARY 26, 2015 6:56 PM
the staff of the Ridgewood blog
Ridgewood NJ, the UK Daily Mail is reporting ,that buried in a 15-page section of the nonpartisan organization’s new CBO ten-year budget outlook that the government will spend $1.993 TRILLION over a decade and take in $643 BILLION in new taxes, penalties and fees related to Obamacare .
The $1.35 trillion net cost will result in ‘between 24 million and 27 million’ fewer Americans being uninsured costing taxpayers, $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.
The ACA will still leave ‘between 29 million and 31 million’ nonelderly Americans without medical insurance
These numbers assume Obamacare insurance exchange enrollment will double between now and 2025.
The best-case scenario described by the CBO would result in ’between 24 million and 27 million’ fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect.
