CBO Scores Health Care Law Repeal Budget Impact

July 31, 2012

The Congressional Budget Office (CBO) has estimated the direct spending and revenue effects of the Repeal of Obamacare Act (H.R. 6079) as passed by the House of Representatives on July 11, 2012.

Repealing the health care law would reduce federal expenditures by $890 billion over the period FY 2013-2022 and reduce federal revenues by $1 trillion over the same period.  Thus, CBO scores repeal of the Patient Protection and Affordable Care Act as increasing the federal deficit by a total of $109 billion over ten years.  The CBO scores repeal to increase the deficit by $7 billion for the first five years (FY 2013-2017).

To read the full CBO report, click here.