The federal deficit may be rising, but projections on how much the Affordable Care Act is supposed to cost the United States over the next decade will be $142 billion less than anticipated, the Congressional Budget Office said today,MarketWatch reported.

As part of an overall assessment on the budget, the CBO said that for the years 2016 to 2025, the health care law will cost a cumulative $1.21 trillion. That’s 11 percent less than the $1.35 trillion estimated just two months ago, a figure that had already been lowered by $101 billion from a projection made in April.

The CBO said a downward revision in health insurance premiums led to lower estimates on subsidies, plus lower projections on those who will gain coverage through the Affordable Care Act.

The CBO said that roughly 24 million to 25 million previously uninsured people are expected to receive coverage through Obamacare, either through the exchanges or via Medicaid expansion. Previous estimates put the high end of that range at 27 million people.

For those 10 years, exchange subsidies will total roughly $849 billion, down from the January estimate of $1.06 trillion. Payments for Medicaid and children’s health insurance are expected to be $847 billion, down from $920 billion.