FOXNews.com: Delay of ObamaCare employer mandate to cost government $10 billion, report says

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Delay of ObamaCare employer mandate to cost government $10 billion, report says Jul 30th 2013, 19:08 The White House's decision to delay the mandate in ObamaCare that requires larger employers to offer health coverage will cost the government $10 billion in fines that will never be collected, a new report says. The Congressional Budget Office found in an analysis released Tuesday the government will collect 10 billion less in penalty payments that would have been collected in 2015 as a result of the mandate. The CBO also said cost of expanding coverage for the uninsured will rise to $1.375 billion from 2014-2023, an increase of less than 1 percent from its previous estimate in May, due to the mandate delay and other changes to the law. CBO said fewer than half million people would have to forgo coverage as a consequence. Foes of ObamaCare say the delay in the employer requirement is a sign that implementation of the law is in serious trouble. After the administration announced in early July it would delay until 2015 the requirement that businesses with 50 or more workers provide insurance coverage or pay a penalty, the House voted to delay both the law's employer and the individual mandate. The Associated Press contributed to this report

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