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Cost of Health Exchanges Increases 27% in Obama's 2014 Budget

According to the new White House budget, the administration expects to spend about $606 billion on subsidies -- about 27 percent more than the $478 billion projected in the president’s budget last year.

According to the new White House budget, the administration expects to spend about $606 billion on subsidies -- about 27 percent more than the $478 billion projected in the president’s budget last year.

Caroline Cournoyer is GOVERNING's senior web editor.