An Analysis of 'Save Our Seniors'
Tuesday, March 13, 2012
by James C. Capretta
The Patient Protection and Affordable Care Act (PPACA, or Obamacare) includes provisions to cut spending within the Medicare and Medicaid programs by about $455 billion over 10 years, according to the original cost estimate produced by the Congressional Budget Office at the time of enactment. (This CBO estimate of the aggregate savings from the spending reduction provisions excludes the large spending increase associated with the law's expansion of Medicaid eligibility.)