Politics

Obamacare could add $530 billion to U.S. debt: GOP study

(Reuters) – Instead of curbing government spending, President Barack Obama’s healthcare law could add up to $530 billion to the federal debt over ten years, a Republican expert on U.S. government benefit programs said on Tuesday.

A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security entitlement programs for the elderly, challenged the administration’s contention that the 2010 law would reduce healthcare costs.

Full Story: Obama healthcare could worsen U.S. debt: Republican study