Health Law Will Add $340B To Deficit, Medicare Trustee Says

Law360, New York (April 10, 2012, 4:25 PM ET) -- Debate reignited Tuesday over the price of President Barack Obama’s health care industry overhaul, with a Republican trustee for Medicare releasing a study projecting cost overruns of $340 billion to $530 billion and the White House immediately denouncing the analysis.

In his study, Medicare trustee Charles Blahous predicts the Patient Protection and Affordable Care Act will add anywhere from $340 billion to $530 billion to federal deficits over the next decade.

“For this landmark legislation to actually worsen the fiscal situation would represent a substantial failure...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers