Market Intelligence Resource | April 10, 2012
The Fiscal Consequences of the Affordable Care Act
April 10, 2012
In this report, Charles Blahous, Ph.D., a public trustee for the Social Security and Medicare programs analyzes the fiscal consequences of the Patient Protection and Affordable Care Act (ACA) signed into law in 2010. The report concludes that ACA lacks sufficient funding mechanisms to support the costs of its various provisions. As a result, by 2021, the ACA will add $340 billion and as much as $530 billion to federal deficits while increasing federal spending by more than $1.15 trillion over the same period and by increasing amounts thereafter.
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