Repealing ObamaCare could increase U.S. debt by $137 billion

The release of a Congressional Budget Office (CBO) and the Joint Committee on Taxation report Friday offered some dismal predictions for budget deficits if ObamaCare is repealed. In the first analysis of the issue in three years, the CBO said that if Obama's healthcare reform is repealed, the U.S. deficit will increase by as much as $137 billion in the next 10 years. The added debts would stem from the increased number of uninsured Americans, and the consequential rise in Medicare costs. An estimated 19 million additional Americans would become uninsured by 2016 if ObamaCare were repealed.
Previously, in July 2012, the CBO estimated that the debt increase caused by an ObamaCare repeal would be roughly $109 billion — almost $30 billion less than the latest estimate. The report's release comes just one day after the House voted to repeal an ObamaCare fundraising provision, and days before the Supreme Court is expected to rule on a key piece of the healthcare law.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
How wild horses are preventing wildfires in Spain
Under The Radar The animals roam more than 5,700 hectares of public forest, reducing the volume of combustible vegetation in the landscape
By Chas Newkey-Burden, The Week UK Published
-
The Week contest: Soundproof web
Puzzles and Quizzes
By The Week US Published
-
6 dream homes with chef’s kitchens
Feature Featuring a house with two kitchen islands in Utah and a kitchen with a stove nook in New York
By The Week US Published
-
Shingles vaccine cuts dementia risk, study finds
Speed Read Getting vaccinated appears to significantly reduce the chances of developing Alzheimer's and other forms of dementia
By Peter Weber, The Week US Published
-
Measles outbreak spreads, as does RFK Jr.'s influence
Speed Read The outbreak centered in Texas has grown to at least three states and Health Secretary Robert F. Kennedy Jr. is promoting unproven treatments
By Peter Weber, The Week US Published
-
RFK Jr. offers alternative remedies as measles spreads
Speed Read Health secretary Robert F. Kennedy Jr. makes unsupported claims about containing the spread as vaccine skepticism grows
By Peter Weber, The Week US Published
-
Texas outbreak brings 1st US measles death since 2015
Speed read The outbreak is concentrated in a 'close-knit, undervaccinated' Mennonite community in rural Gaines County
By Rafi Schwartz, The Week US Published
-
Mystery illness spreading in Congo rapidly kills dozens
Speed Read The World Health Organization said 53 people have died in an outbreak that originated in a village where three children ate a bat carcass
By Peter Weber, The Week US Published
-
Ozempic can curb alcohol cravings, study finds
Speed read Weight loss drugs like Ozempic and Wegovy may also be helpful in limiting alcohol consumption
By Peter Weber, The Week US Published
-
New form of H5N1 bird flu found in US dairy cows
Speed Read This new form of bird flu is different from the version that spread through herds in the last year
By Peter Weber, The Week US Published
-
Microplastics accumulating in human brains, study finds
Speed Read The amount of tiny plastic particles found in human brains increased dramatically from 2016 to 2024
By Peter Weber, The Week US Published