In this morning's Washington Post, the Congressional Budget Office predicts that the costs of implementing the Affordable Care Act will be significantly lower than anticipated because of lower premiums and, consequently, lower government-financed subsidies. Over the next ten years, CBO projects the government will spend $164 billion less than previously expected. So, the next time a Republican talks about how we can't afford Obamacare, remind them that the ACA is actually lowering the federal deficit, not raising it. The most important thing the government can do to restrain its long-term budget projections is reduce the increase ins pending on health care. The ACA is doing that, not perfectly to be sure, but nothing else has done that in our lifetime.
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In This Issue
- Catholic investing in changing times
- Editorial: Go beyond a foot-stomping 'no'
- NCR earns 'General Excellence' honor for 14th time in 15 years
- Special Section: Spirituality [Print only]
Some articles are only available in the print newspaper and Kindle edition.
by Joyce Duriga, Catholic News Service Eco Catholic
by Carol Glatz, Catholic News Service The Francis Chronicles
by Mariam Williams At the Intersection