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RJ & Makay

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Tags >> federal health care costs

Potential cost of repealing health care reform: $210 billion

Posted by RJ and Makay on Feb 22, 2011

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Potential Cost of Repealing Health Care Reform - $210 BillionRepealing the new U.S. health care reform law enacted last year wouldn't save money. It would actually add $210 billion to the nation's deficit over the next decade, the Congressional Budget Office (CBO) estimates.

A major step in the repeal process, which may or may not be successful, was a House of Representatives measure last month aimed at eliminating a number of provisions designed to reduce federal health care costs and stripping out new revenue-creating taxes and fees. Neither the Senate nor the President Obama support the repeal of health care reform.