Obamacare will increase the budget deficit by around $300bn a year

There are a lot of unknowns and ranges for costs and revenues but the overall total is likely to result in increasing the budget deficit by around $300bn a year.

I haven't seen a single report on the economics and likely effect on the government budget deficit of Obamacare. Internet searches have so far revealed nothing of substance.
I have seen hundreds of articles which can only be described as pure propaganda and emotive twaddle - from both sides of the argument.
As ever, for anything to do with the government, real hard facts are hard to come by.


Increased government costs :- 

Covering around 30 million uninsured people with subsidized insurance ($150 to $300bn)

Subsidizing insurance premiums for the 15 million people who currently have personal healthcare insurance.
Subsidies apply to individuals earning less than $46,000 and multiple income families earning less than $92,000.
Only 15 million people are currently affected but this is likely to increase in the future by people having to switch from employee plans.
Current cost $60bn to $80bn.

Medicare Expansion - cost unknown

More Health Clinics for poor areas - cost around $95bn

Lower tax takes and higher welfare payments from the lower GDP growth brought about by people spending $400bn+ a year more on Healthcare. Cost unknown.

Increased government revenue :- 
Stealth taxes around $100bn
http://ian56.blogspot.com/2013/10/obamacare-tax-increases.html

Fines for not having Obamacare approved insurance - unknown but probably small.
There are drastic penalties for people that do not receive Obamacare subsidies.
Those that will receive Obamacare subsidies will probably enrol.

Business fines for not having Obamacare approved insurance plans may be a little bit more substantial as they affect three times as many people.
Business fines have been delayed until 2015.
97% of businesses employing more than 50 full time staff already offer some form of employee healthcare insurance, so the number of currently uninsured people isn't an issue.