Cost-share chart Subsidies for Obamacare and for other individual coverage are the smallest segment of government health care spending, at $55 billion. (Photo: Shutterstock)

It will cost the U.S. government almost $700 billion in subsidies this year help provide Americans under age 65 with health insurance through their jobs or in government-sponsored health programs, according to a report from the nonpartisan Congressional Budget Office.

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