The insurance expansion under the Affordable Care Act will cost $1.383 trillion over the next decade, more than $100 billion less than previous forecasts, according to the nonpartisan Congressional Budget Office.

The nonpartisan budget office’s report, an update to projections from February, shows the law costing less than in previous estimates in part because of the broad and persistent slowdown in the growth of health care costs. The news is welcome to deficit hawks but Republicans are still complaining about the law because it is an election year (Lowrey, New York Times 4/14).

 

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