Healthcare

Repeal Healthcare, Hike the Deficit

New CBO numbers showing the deficit impact of repealing ACA:

H.R. 2 would, on net, increase federal deficits over the next decade because the net savings from eliminating the coverage provisions would be more than offset by the combination of other spending increases and revenue reductions.

In total, CBO and JCT estimate that H.R. 2 would reduce outlays by about $604 billion and reduce revenues by about $813 billion over the 2012-2021 period.

So by repealing ACA, the Republicans would increase the deficit by $210 billion. Smart. And they'll continue to ballyhoo themselves as the deficit reduction gang. That's rich.