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S&P report challenges CBO estimates about effects of individual mandate repeal

Repealing the Affordable Care Act’s individual mandate will neither save as much nor decrease coverage levels as much as the Congressional Budget Office estimated, according to a major U.S. credit ratings agency. Standard & Poor’s estimates that a repeal would save the government about $60 billion to $80 billion over the next 10 years, while the CBO projected $338 billion.

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