The Patient Protection and Affordable Care Act will increase deficits over the next decade by between $346 billion and $527 billion, according to a new study by a Medicare trustee.

Charles Blahous, who was appointed by President Obama as a Republican trustee for Medicare and Social Security, wrote his research paper for the Mercatus Center at George Mason University, where he is a research fellow.

His study conflicts with what the Congressional Budget Office has said—that the law will help reduce the deficit. Blahous argues that the CBO's report double counts elements of proposed Medicare savings and doesn't "fully illuminate" the financial impact of the law.

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