Conservative First

July 19, 2009

CBO’s Analysis of H.R. 3200

According to the Congressional Budget Office’s preliminary analysis, H.R. 3200 would

  • “establish a mandate for legal residents to obtain health insurance”
  • “set up insurance ‘exchanges’ through which some individuals and families could receive subsidies to substantially reduce the cost of purchasing insurance”
  • “significantly expand eligibility for Medicaid”
  • “make modifications to the Medicare and Medicaid programs”
  • “impose an income-tax surcharge on high-income individuals”

In addition, “enacting H.R. 3200 would result in a net increase in the federal budget deficit of $239 billion over the 2010-2019 period.”

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