Posted on 05/24/2017 2:20:58 PM PDT by Pinkbell
WASHINGTON - An estimated 23 million people would lose health coverage by 2026 under Republican legislation aimed at repealing Obamacare, a nonpartisan congressional agency said on Wednesday in the first calculation of the new bill's potential impact.
The report from the Congressional Budget Office also said federal deficits would fall by $119 billion between 2017 and 2026 under the bill, which was approved this month by the Republican-dominated House of Representatives. The CBO score raises the stakes for Republican senators now working on their own version of the legislation.
House Republicans came under sharp criticism for passing the bill before the CBO could make its assessment. The Trump administration already has relied on the House bill's healthcare spending cuts in its proposed federal budget.
The bill is called the American Health Care Act and it would fulfill a long-running Republican goal - repealing and replacing much of former President Barack Obama's 2010 Affordable Care Act, commonly called Obamacare. President Donald Trump, who made replacing Obamacare a key campaign promise in 2016, and other Republicans say it is too costly and creates unwarranted government interference in healthcare decisions.
Congress is aiming to pass the bill under a process called reconciliation, which requires only a simple majority of votes in the Senate, where Republicans hold a 52-48 majority, instead of 60 votes. Under those rules, all elements of the bill must have a direct budgetary impact or else they must be stricken from the legislation.
The CBO said federal deficits would fall by $119 billion between 2017 and 2026 under the Republican bill. The House bill would eliminate most Obamacare taxes that help subsidize private health coverage for individuals, roll back the government's Medicaid health plan for the poor and disabled and replace the law's income-based tax credits...
(Excerpt) Read more at msn.com ...
The media is the enemy.
About the same number that lost their insurance under 0bamaCare?
Who cares what the DNCBO has to say.
Let it be the anchor around their necks.
Let it be the anchor around their necks.
Because it's their bill.
Im still waiting for Obamas promised $2,500 savings. Instead I now have a $5,000 deductible and insurance that essentially pays for nothing.
What do you think it's going to be under Trumpcare?
Precisely. The whole thing is sheer madness.
it has been estimated that all uninsured will be able to purchase affordable insurance that is actually functional when Obamacare is dead and gone
One of the keys of the President's budget is $250 billion in savings by repealing and replacing Obamacare. The CBO is projecting savings less than half of that. The President needs to get out there and show why his math is correct and the CBO math is wrong.
They can walk into an emergency room and get a physical? A mammogram? A colonoscopy?
Medicaid can be had by just about anybody claiming they need it.
If their income is low enough.
How about they pass one of the same repeal bills they kept sending up for Obama to veto???????
Thanks to the CBO’s history of predicting outcomes, we know from their 0bamacare estimates, that they are full of shit.
5.56mm
I get so tired of these overly simplistic statistics. First, I didn’t think 24 million were even on ObamaCare. Even if they are it doesn’t mean that they wouldn’t be able to get another, better, policy if ObamaCare was terminated. How many lost their coverage due to it? How many will quickly go back to something else?
...just all scare tactics and lies in politics.
There’s no winning this battle, apparently. An entire new class of government dependents has been successfully created, exactly what the dems wanted. I see only one answer. Let it fail, while creating draw accounts from the dept of education to subsidize those who can not afford the 9% year compounded premium hikes.
Same here, except for 2017 I told BCBS to shove it, I ain’t paying them $12k for nothing......................instead, it goes in the bank....................
What they are telling us is by 2026, whoever lost their insurance and wound up buying Obamacare will be on other plans so they will lose their Obamacare insurance.
th the current Obamacare policies, one could not get any of those things because of the very high deductibles.
So, your attempt to argue is specious
People lost coverage when Obamacare came into being and the leftist msm doesn’t care about them.
Under Obamacare you are guaranteed insurance! Sure it costs $3,000 a month, has a $12,000 deductible, and you won’t be able to find any doctors or hospitals who will accept it.
But you have insurance, so STFU!
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