President Obama’s health care law has been delayed and changed so many times that the official budget scorekeepers can no longer keep track of what the law costs.
The changes, and the overall uncertainty regarding the price tag, are raising concerns about whether the law even has enough revenue coming in to pay for the program.
“Right now the savings that was projected to pay for all this spending is not being collected as originally projected,” said Charles Blahous, of the Mercatus Center. He estimated the law will eventually cost $200 billion a year by 2020.
The unilateral changes to the law – and specifically delays of the requirement that certain employers provide health coverage to workers – are the subject of a recently announced lawsuit by House Speaker John Boehner.
But apart from that, the changes have caused problems for the nonpartisan Congressional Budget Office, which typically keeps track of what laws cost. Joe Antos, of the American Enterprise Institute, noted the office has said they won’t do “new estimates” of the law anymore.