Vice President for Health Policy
Opponents of the Affordable Care Act claim that the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) have substantially revised their estimates of the law and now predict it will cost more, and reduce the deficit less, than originally expected.
These claims are false. As CBO Director Douglas Elmendorf explains on his blog, the CBO and JCT estimates of the Affordable Care Act (ACA) released last week are essentially unchanged from earlier estimates:
The basic facts about health reform remain the same as when President Obama and Congress enacted the law two years ago: it will expand health coverage to tens of millions of uninsured Americans, reduce deficits, and take critical steps toward reining in health care costs.