By Ferdous Al-Faruque - 06/17/14 05:57 PM EDT
The Congressional Budget Office says it is sticking to its original estimates for cost savings created by ObamaCare after it recently announced it could no longer score certain parts of the law.
The agency recently stated it was no longer able to measure economic impacts of certain provisions of the Affordable Care Act, leading lawmakers to question if its original estimates were still valid.
CBO and the Joint Committee on Taxation responded to a number of questions from Sen. Jeff Sessions (R-Ala.), Senate Budget Committee ranking member, about the economic impacts of the Affordable Care Act and said they are sticking to their original numbers.
In 2010, CBO and JCT estimated ObamaCare would cut the federal budget deficit by $124 billion between 2010 and 2019.
The agency also says incremental budgetary effects of many provisions are too ingrained into the healthcare law and cannot be separately measured using its standard estimating procedures.
CBO said analyzing past effects of ObamaCare is very different from trying to estimate costs in proposed legislations for the future.
Because of the complicated nature of trying to do such calculations, the agency says it is out of its scope of analysis.