Getting your player ready...
WASHINGTON — Repealing President Barack Obama’s landmark health care overhaul would add billions to government red ink and leave millions without coverage, Congress’ nonpartisan budget referees said Thursday ahead of a politically charged vote in the House.
House Speaker John Boehner brushed off the analysis as emboldened Republicans, now in the majority in the House, issued their own report arguing that Obama’s coverage expansion would cost jobs and increase budget deficits.
In a letter to Boehner, budget-office director Douglas Elmendorf estimated the repeal would increase the deficit by $230 billion from 2012 to 2021. Elmendorf said about 32 million more people would be uninsured in 2019 as a consequence.
