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Right-Wing Media Won't Tell You That The CBO's New Obamacare Cost Estimates Are Lower Than Expected

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class="item-body"> Conservative media hyped the findings of a new Congressional Budget Office (CBO) report as a "bombshell" that shows the costs of the Affordable Care Act (ACA) will be much higher than expected. But according to the CBO's report, the ACA will cost 20 percent less over the next decade than its initial projections. CBO Report Estimates "Significantly Lowered" Cost Of Funding ACA New York Times: "Budget Office Slashes Estimated Cost Of Health Coverage." As The New York Times explained on January 26, the CBO "significantly lowered its estimate of the cost" of the Affordable Care Act. According to CBO director Douglas W. Elmendorf, the new estimates show a 20 percent cost...

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