Pathway to citizenship could increase Obamacare cost up to $300 billion over a decade

February 5, 2013

Any immigration package in which current illegal immigrants are made eligible for ObamaCare - in the form of either exchanges or Medicaid - could increase costs to the federal government by between $120 billion to $200 billion in its first decade, according to internal calculations by the Republican side of the Senate Budget Committee that were obtained exclusively by The Daily Caller.

GOP Senate Budget Committee staffers explained to TheDC that the estimates assume that the law's provision capping total spending on exchange subsidies, which is set to begin in 2019, is enforced.

However, should the provision fall by the wayside, as some analysts believe it could, the staffers estimate the cost of Obamacare could increase between $210 billion to $300 billion over the next 10 years.

They add that if the capping provision is sustained, making millions of illegal immigrants eligible for Obamacare could also result in a benefit cut of approximately $1,100 annually for the average American receiving a subsidized benefit through the exchanges, which are now called "marketplaces" by the administration.

Last March the minority side of the Senate Budget Committee estimated that Obamacare would increase unfunded obligations - or federal spending without a dedicated funding source - for federal health care programs by $17 trillion over 75 years, or from $65 trillion to $82 trillion.

FINISH

 

 


blog comments powered by Disqus

10 year FSM Anniversary

'Boy, is he taking a beating!' Obama gets his climate change clock cleaned with #AskPOTUS

May 28, 2015  01:52 PM

"Let's do this!"

'Name names': At Hurricane Center, Obama cites 'best climate scientists in the world' for storm warning

May 28, 2015  01:42 PM

"Best scientists" is extremely subjective.

'The old Anthony Weiner excuse': Not everybody's buying Marilyn Mosby's claim of a Twitter hacking

May 28, 2015  12:33 PM

"Is ANYONE buying that"?

'#FriendsWithBenefits': The Clinton Foundation paid Bill & Hillary's 'old friend' how much?

May 28, 2015  11:12 AM

Clinton Foundation generously compensated Sidney Blumenthal to be an unofficial Hillary adviser at State? Nothing to see here!

'Extra double standards': This pitiful pro-Hillary spin means somebody owes Romney an apology

May 28, 2015  10:08 AM

Romney wealth bad. Hillary wealth good!

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )