CBO: Repealing Obamacare parts would save $1.2 trillion

Published December 8, 2016 9:26pm ET



Repealing the insurance coverage parts of Obamacare would save the federal government $1.2 trillion over the next decade, according to a report from the Congressional Budget Office.

The nonpartisan office released a report Thursday that found repealing the healthcare law’s subsidies for health insurance coverage and paying for the Medicaid expansion would save money. However, the number of uninsured would soar from 28 million to 51 million in 2026.

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