The Hill, June 6, 2014
Congressional budget scorekeepers estimated Thursday that only a fraction of the people without health insurance in 2016 will actually pay a penalty under ObamaCare's individual mandate. In a new analysis, the Congressional Budget Office (CBO) said only 4 million of the 30 million who are expected to be uninsured in 2016 will pay a fine. The number is a lower estimate than in 2012, before the administration added exemptions to the mandate. The CBO previously estimated that 6 million people would pay a fine. All told, the government is projected to collect $4 billion from individual mandate penalties in 2016, followed by $5 billion every year through 2024, according to the CBO.