CBO: Obamacare funding bill would increase deficit by $19B

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A bill that would inject federal dollars into Obamacare would increase the deficit by more than $19 billion over a decade, according to a report from the Congressional Budget Office and Joint Committee on Taxation.

The agencies project that the legislation, if passed, would increase the number of people with health insurance coverage by fewer than 500,000 in each year from 2019 through 2022, though it would lower premiums by roughly 10 percent in 2019 and by an average of 20 percent in 2020 and 2021. The premium decrease would be felt by Obamacare customers who do not receive federal subsidies to help pay for their premiums.

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