CBO: Senate immigration bill would expand Obamacare

If the Senate immigration bill becomes law, federal health care spending would increase by $112 billion over the next decade as more people take advantage of Medicaid, Medicare and subsidies from President Obama’s health care law, according to the Congressional Budget Office.

In a highly anticipated report, the CBO found that overall, the immigration bill would reduce deficits by $197 billion in the first decade and $700 billion in the following decade, based on the assumption that a flow of new tax revenue would more than offset increased spending on federal benefits and other provisions of the law.