Honoring their promise to hold President Obama accountable for his lawless implementation of Obamcare, Congressional Republicans sent a letter to the Congressional Budget Office today requesting a new cost estimate of the legislation in light of Obama’s decision to delay both the employer mandate and subsidy eligibility requirements.
“The Administration’s decision to delay the employer and insurer reporting requirements will certainly change the budgetary effects of PPACA,” the letter reads. “While it is clear there will be an immediate loss of revenue from employer fines and penalties as a result of the mandate’s delay, there are many unanswered questions about how the delay will affect insurance options available to individuals, the subsidies provided to those who purchase health insurance on the new health insurance exchanges, the impact on employer sponsored coverage, and Medicaid spending. The delay also raises serious concerns about the long-run feasibility of the employer mandate and the law’s burden on employers.”
The letter is signed by House Budget Committee Chairman Paul Ryan, R-Wis., Energy and Commerce Chairman Fred Upton, R-Mich., and Education and Workforce Chairman John Kline, R-Minn. Senate Judiciary Committee Ranking Member Orrin Hatch, R-Utah, Budget Committee Ranking Member Jeff Sessions, R-Ala., and Health, Education, Labor, and Pensions Committee Ranking Member Lamar Alexander, R-Tenn., also signed the letter.
In addition to a score of the employer mandate delay, the letter also asks CBO to “please estimate the budgetary effects of a scenario where the Administration chooses to never implement the employer mandate and insurer reporting requirements.” (emphasis added)
You can read the full letter here.