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Reality check: Is Obamacare a blessing or burden for the federal budget?

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(Photo: MGN Online) NEW YORK — Is Obamacare a blessing for the federal budget? Or a burden? Democrats promise trillions in savings. Republicans swear the law will bankrupt the country. Here’s what nonpartisan experts have said. Will it reduce deficits or not? When the Affordable Care Act passed in March 2010, the nonpartisan Congressional Budget Office estimated that it would reduce deficits by more than $100 billion in the first decade, and by considerably more in the second decade — by half a percent of economic growth. A half...

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