ACA costs reduced? Maybe

The Affordable Care Act will cost the federal government less money than originally thought.

Good news, yes? Maybe.

http://www.msnbc.com/morning-joe/cbo-cuts-costs-obamacare-billions

The non-partisan Congressional Budget Office has reduced the estimated cost of the ACA to the government, which ought to bring cheer to those of us who support the ACA in principle. It also ought to be grim news to those who hate the law they refer to derisively as Obamacare.

I plan to wait to hear what the ACA haters have to say before I take this bit of news to the bank.

The 2014 costs were reduced by about $5 billion from the estimated $41 billion projected initially, according to the CBO. Longer-term costs, to 2024, have been cut by $104 billion, says the CBO.

I’ll conceded that $104 billion over the course of the next decade isn’t a lot of money in the grand scheme of things as it relates to the federal budget. It’s tough to call 104 bil mere “chump change,” but it kinda/sorta is, if you get my drift.

It’s still less money out of the public coffer, which ought to cheer the skeptics — given that CBO reports usually toe the non-partisan line.

No one should expect anyone who’s disposed to detest the law to cheer anything that resembles positive news relating to the ACA.

I’ll be waiting to hear how both sides spin this bit of information.