CBO: ObamaCare vets bill would raise deficit $900M

An ObamaCare bill that has received rare unanimous support in Congress this year would raise the budget deficit by nearly $900 million over the next decade, according to a new report.

The Hire More Heroes bill would exempt veterans from the employer mandate under ObamaCare if they already have healthcare from the government.

{mosads}This would mean fewer employers have to pay “employer responsibility payments” under ObamaCare, therefore reducing revenue for the program by $858 million, according to the Congressional Budget Office.

It will likely be the first healthcare-related bill to hit President Obama’s desk under the GOP-controlled Congress. It could also be one of the first ObamaCare bills that the president would support: The White House has called the veterans jobs bill a “commonsense improvement to the law.”

The budget analysis was requested by the Senate Finance Committee, which approved the legislation 26-0.

The legislation unanimously passed the House on Jan. 6. It had previously passed the House by a 406-1 vote last year, but did not move forward in the Democratic-controlled Senate.