Dem Staffer Who Filmed His Sexcapades in a Senate Hearing Room Later Checked...
CNN's Scott Jennings Knew Exactly Why Seinfeld Creator Larry David Attacked Bill Maher
New Jersey Republicans Are Getting Help From a Familiar Individual
Weirdo Lib Wearing What Appears to Be a Luigi Mangione T-Shirt Attacks Trump...
Independent Journalist Used Two Words That Perfectly Described Taylor Lorenz
Is This Trump's Best Line From the White House Easter Egg Roll?
The Left's Obsession With Clipping Pete Hegseth Is Bordering on Psychotic
Trump Won’t Get Tricked Into Sacrificing Pete Hegseth to the Democrats
How Trump Handled Biggs Entering the AZ Governor's Race After He Already Endorsed...
The White House Responds After Harvard Files Lawsuit Against Trump Administration Over Fun...
A Familiar Face Jumps in Race for California Governor
Harvard Presidents—On Sale at Macy's
Scott Jennings, Mike Lawler Offer Crucial Reminders About Funding for Harvard in Light...
Dylan Mulvaney Plans on Leaving the US. Here's Where He's Headed.
Exposed: Another Bogus Immigration 'Controversy' Falls Apart
OPINION

CBO: One-Year Delay of Employer Mandate Increases Spending, Debt, and Dependence

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

The Congressional Budget Office has released its cost estimate of the Obama administration’s one-year repeal delay of ObamaCare’s employer mandate and anti-fraud provisions. The CBO expects the Obama administration’s unilateral rewriting of federal law (my words, not CBO’s) will increase federal spending by $3 billion in 2014 and reduce federal revenues by a net $9 billion, thereby increasing the federal debt by $12 billion. If President Obama keeps this up, Congress may have to raise the debt ceiling or something.

Where is that $3 billion of new spending going? The CBO estimates the administration’s action will lead to about half a million additional people receiving government subsidies, including through ObamaCare’s Exchanges:

All told, as a result of the announced changes and new final rules, roughly 1 million fewer people are expected to be enrolled in employment-based coverage in 2014 than the number projected in CBO’s May 2013 baseline, primarily because of the one-year delay in penalties on employers. Of those who would otherwise have obtained employment-based coverage, roughly half will be uninsured and the others will obtain coverage through the exchanges or will enroll in Medicaid or the Children’s Health Insurance Program (CHIP), CBO and JCT estimate.

Which makes the president’s delay of the employer mandate and anti-fraud provisions consistent with his administration’s goal of hooking enough voters on government subsidies to affect electoral outcomes and votes in Congress.

Advertisement

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement