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Obamacare's New Taxes and Penalties

Created on April 1, 2016

Obamacare's New Taxes and Penalties

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Read the original report, "Year Six of the Affordable Care Act: Obamacare’s Mounting Problems," by Robert E. Moffit.

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Obamacare’s new taxes, fees, and penalties, will cost taxpayers an estimated $832 billion over the years 2016–2025.

Sources: Congressional Budget Office, “H.R. 3762, Restoring Americans’ Healthcare Freedom Reconciliation Act, as passed by the Senate on December 3, 2015, and following enactment of the Consolidated Appropriations Act, 2016,” January 4, 2016, https://www.cbo.gov/publication/51107 (accessed March 1, 2016), and Congressional Budget Office, “Cost Estimate: H.R. 3762 Restoring Americans' Healthcare Freedom Reconciliation Act of 2015,” October 20, 2015, https://www.cbo.gov/publication/50918 (accessed March 1, 2016).

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Tags: Obamacare, Affordable-Care-Act, Health-Insurance