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CBO lowers costs of Obamacare by billions | MSNBC
CBO lowers costs of Obamacare by billions | MSNBC
The Congressional Budget Office this week lowered both the short- and long-term costs of Obamacare by billions of dollars.
A new report released Monday estimated the Affordable Care Acts net cost for 2014 at $36 billion, $5 billion less than the past figure for the year, according to the Joint Committee on Taxation and CBO. Additionally, officials anticipate an overall price tag of $1,383 billion between 2015 and 2024, $104 billion less than previous projections. Premiums through an exchange marketplace will likely be lower than first expected.