News Headlines Article

Is Obamacare working?
San Diego Union-Tribune

Health exchange subsidies and increased Medicaid spending mandated by Obamacare will have a net cost $74 billion this year and $1.2 trillion by 2025, according to the nonpartisan Congressional Budget Office.

However, the same office on Friday estimated that repealing the law would add $137 billion to the federal deficit by 2025. That’s because killing the Affordable Care Act would also take out the package of taxes and Medicare cuts that are projected to generate more revenue than the law’s expenses.