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by anonymoushn
5060 days ago
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It should be no surprise that PPACA saves money over 10 years, if the 10 years contain 10 years of PPACA revenue and only 6 years of PPACA spending. Perhaps we would do well to determine whether it saves or spends money in its eventual steady state, rather than pretending that the world will end in 2020. |
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As of the bill's passage into law in 2010, CBO estimated the legislation would reduce the deficit by $143 billion[185] over the first decade, but half of that was due to expected premiums for the C.L.A.S.S. Act, which has since been abandoned.[186] Although the CBO generally does not provide cost estimates beyond the 10-year budget projection period (because of the great degree of uncertainty involved in the data) it decided to do so in this case at the request of lawmakers, and estimated a second decade deficit reduction of $1.2 trillion.[180][187] ...
Source: http://en.wikipedia.org/wiki/Patient_Protection_and_Affordab...