WASHINGTON, D.C. – In light of today’s ruling by the United States Supreme Court upholding the 2010 health care law, U.S. Senator Olympia J. Snowe (R-Maine), a senior member of the Senate Finance Committee, requested that the Congressional Budget Office (CBO) produce a new score of the budgetary effects of the law on American consumers. Senator Snowe sent a similar letter to the CBO in December 2009 requesting additional information on the legislation’s affordability before the Senate vote on Christmas Eve; the questions in her letter were never answered.
Senator Snowe said:
“Given today’s ruling, it is absolutely essential we fully understand the budgetary impact this law will have on our nation’s families, businesses, and individuals. While I still support repeal of the entire law so that we can go back to the drawing board, I recognize that Americans are still uncertain about how this massive law will affect them, as 2014 rapidly approaches. My commonsense request to the Congressional Budget Office today will help our nation better understand the full ramifications of the health care law, particularly in light of the looming ‘Fiscal Cliff’ and our country’s unsustainable $15.8 trillion debt.”
A copy of the letter can be viewed here.
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