The Congressional Budget Office (CBO) has reduced its estimate of the cost for providing health insurance coverage under the Affordable Care Act, reports The New York Times. 

In March 2010, the CBO estimated that the expansion of coverage would cost $710 billion in the fiscal years 2015 through 2019. “The newest projections indicate that those provisions will cost $571 billion over that same period, a reduction of 20 percent," Douglas W. Elmendorf, director of CBO, said. 

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