A troubled long-term care plan in President Barack Obama's health overhaul has suffered another setback that may seal its fate.
A ruling Monday by the nonpartisan Congressional Budget Office makes it easier for opponents to seek repeal of the CLASS Act, which was supposed to provide affordable long-term care insurance. Only Friday, the Obama administration announced the program would not go forward, saying it was financially unsustainable.
In its ruling, CBO said repealing CLASS would have no impact on the deficit.
That removes a major obstacle for repeal, because until now CLASS has counted as reducing the deficit by more than $80 billion. Those estimated savings were from premiums that would have been collected before the program paid any benefits.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.