Exchange Subsidy Spending Would Rise By $87B Due To Immigration Bill

The Senate's immigration reform legislation would increase federal spending on the ACA's insurance subsidies available on the exchanges by roughly $87 billion and boost Medicaid and CHIP spending by about $29 billion over the next 10 years, the Congressional Budget Office said Tuesday (June 18). CBO estimates that, as a result of enacting the bill, outlays for the subsidies would increase by $82 billion and revenues would decrease by $5 billion. The highly anticipated CBO report overall found that the...