Health Care Reform

CBO Cost Estimate for the Patient Protection and Affordable Care Act as Proposed on November 18

Washington, D.C.–(ENEWSPF)–November 18, 2009.  Last night CBO and the staff of the Joint Committee on Taxation (JCT) issued an estimateof the budgetary effects of the Patient Protection and Affordable Care Act proposed by Senator Reid. Among other things, the bill would establish a mandate for most legal residents of the United States to obtain health insurance; set up insurance “exchanges” through which certain individuals and families could receive federal subsidies to substantially reduce the…

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