Truth in Obamacare Accounting Act

This Act may be cited as the “Truth in Obamacare Accounting Act”.

The Congressional Budget Office shall include in each annual report on the budget and economic outlook, and each revision of such a report, prepared under section 202(e) of the Congressional Budget Act of 1974 (2 U.S.C. 602(e)), information on the net effect that the enactment and implementation of the Patient Protection and Affordable Care Act (Public Law 111–148) and the Health Care and Education Reconciliation Act of 2010 (Public Law 111–152) had on direct spending and revenue, including the net impact that such enactment and implementation had on deficit, both on-budget and off-budget. Such information shall be disclosed in a manner similar to that provided for in table 2 of the Congressional Budget Office’s March 20, 2010, estimate of the budgetary effects of the Health Care and Education Reconciliation Act of 2010 and the Patient Protection and Affordable Care Act.