CBO: Obamacare individual mandate delay would save $35 billion

CBO: Obamacare individual mandate delay would save $35 billion

The House bill to delay Obamacare’s individual mandate would save $35 billion dollars, according to a Congressional Budget Office analysis.

After the Obama administration revealed it would not enforce the employer mandate — a requirement that large companies provide their employees health insurance — until January 2015, the House quickly passed a measure that would not only codify that delay, but put off the individual mandate by one year as well.

The CBO found that just a one-year delay of the individual mandate would save $35 billion over ten years. But the basic cost structure of the Affordable Care Act would remain intact.

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