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Ending Obamacare’s cost-cutting panel would cost $17 billion

By Robert King
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Ending Obamacare’s cost-cutting panel would cost $17 billion

Repealing the Obamacare cost-cutting panel that Republicans have long despised would cost the federal government $17.4 billion over the next decade, the Congressional Budget Office said Thursday.

A two-year budget agreement would repeal the Independent Payment Advisory Board, created under Obamacare to cut Medicare if spending gets too high. The price tag for repeal would be $17.4 billion through 2027, according to a CBO estimate on the full budget deal.

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Affordable Care Act Budgets and Deficits Medicare and Medicaid Robert King Sarah Palin Spending