Workweek Threshold Bill in House Gets Adjusted Estimate From CBO
Posted at 11:15 a.m. on July 18, 2014
House Republicans have led a long effort to repeal or at least change elements of the 2010 health care overhaul law. Earlier this year, amid concerns about unemployment, the House passed a bill that would adjust the workweek threshold for employer-sponsored health care coverage.
The health care law sets the full-time threshold for coverage at 30 hours and the House bill would raise it to 40 hours, with the intention of enticing employers not to reduce full-time workers’ hours.
Democrats cited an initial Congressional Budget Office estimate that the change would increase the deficit by $73.7 billion from fiscal 2015-24 period and reduce the number of people gaining employer-offered health insurance.
On Thursday, the CBO revised its calculations on the bill and reduced the cost estimate to $45.7 billion. However, it is unlikely that the change will now entice Democratic support, and the original measure never offered any suggestions for offsetting spending cuts to pay for the loss of expected employer tax penalties.