Sen. John Thune (R-SD)

Legislation repealing CLASS would have no budgetary impact, CBO says

Legislation repealing CLASS would have no budgetary impact, CBO says

Cancellation of the CLASS Act means there will be billions less going toward reducing the nation's net deficit, the Congressional Budget Office said Monday. The Community Living and Assistance Services and Support (CLASS) program was a part of healthcare reform law, the total of which the CBO estimated would reduce the federal deficit by around $143 billion in a decade. Of that, $81 billion was coming from premium payments for long-term care insurance through CLASS.