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Six million Americans likely to pay healthcare tax in 2016

Posted: September 19, 2012 |  Comments

(Reuters) - U.S. budget experts raised their forecast on Wednesday of how many Americans will probably have to pay a penalty in 2016 for not buying health insurance to 6 million from 4 million.

The 50 percent increase was likely to draw fire from Republicans on the campaign trail who want to repeal President Barack Obama's signature healthcare law and who reject the penalty as a government intrusion into the lives of individuals.

But the nonpartisan Congressional Budget Office said some of the increase reflects state opposition to an expansion under the healthcare law of the Medicaid program for the poor, which is most unpopular in states with Republican governors or Republican-majority legislatures.

Read more here: http://www.reuters.com

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