Wednesday, October 15, 2014

Report: Obamacare Will Add $131 Billion to Federal Deficits in Next Decade

Report: Obamacare Will Add $131 Billion to Federal Deficits in Next Decade: Among President Obama’s many high-profile health care promises, there is this gem from his 2009 address to Congress: “I will not sign a plan that adds one dime to our deficits–either now or in the future.”

But according to Republican staff on Senate Budget Committee, those dimes are starting to pile up. The Senate staff report says that the Affordable Care Act will add $131 billion to the federal deficits over the period 2015 to 2024.

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