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 true cost of any government health care plan is all of the taxes, fees, penalties, adjustments, off-budgets, premiums, deductibles, co-pays, and deductions.
Good...
Trump has said on many occasions, that the ‘best’ course of action, politically, would be to let O care collapse of it’s own weight...that’s not in Americans best interest, but..
So, put a few plans out there to supposedly save O Care, and worst comes to worst, they don’t pass...
Bottom line is you don’t own a ‘bad’ plan; you tried to do something; and after O Care fails, you do what is really needed.
Obamacare was the demoncrat’s bill, and they aren’t being blamed for that train wreck, partly because the lying leftist media is helping cover for that abomination. I expect Trumpcare to be only slightly better, but it is clear neither the dems nor the Rinos understand government should not be in the healthcare business.
They should be blamed, but since the GOP controls everything now then they will be blamed for not saving it.
I expect Trumpcare to be only slightly better, but it is clear neither the dems nor the Rinos understand government should not be in the healthcare business.
Since I have always been a repeal and don't replace person you will get no argument from me. But for whatever reason the Republicans are hell-bent on replacing one disaster with another and they now own health care lock, stock, and barrel. It will cost them.
exactly... let the Dem’s swim with their anchor...instead republics want to “repeal and replace” when they got into office from people who only want to “repeal” the insurance lobby added the “replace”. Insurance is not healthcare... and I am pretty sure that it would be cheaper at this point for us as citizens to just build a hospital system that we own that can service all of our needs. I am looking at the numbers for Houston and it seems we can build and operate a hospital system that services everyone... no matter their plight for around $2000 per year / per person .... why bother with insurance?
I thought the job of the cbo was to score the budget not conduct a political critique the legislation.
“Estimated 23 million would lose health insurance under Republican bill: CBO”
More BS of the highest order coming from the District of Corruption. If it comes from Washington my advice is to: Don’t believe anything you hear and only a quarter of what you see.
Lose it, or CHOOSE it? Removing the mandate to be insured means that people will CHOOSE to not be insured. How many? 5 million, 10 million, 20 million? If you can afford your own medical care why bother with insurance, so the very wealthy may pass on it. The very poor have charity to fall back on. The ones in between who choose badly have to live with their choices, don't they?
But the other side only recognizes choice when it kills babies!
And as an aside, is there any such thing as a nonpartisan congressional agency? The CBO may be RAT infested to the hilt for all I know! How do we find out?
“If they would rather die,” said Scrooge, “they had better do it, and decrease the surplus population."
Good chart. I’m shocked to see that New Jersey had the lowest rate of increase nation wide; the way our costs went up I’d have never suspected it. But maybe because at our starting point in 2013 (the chart’s time period) we were already getting hosed with higher rates than typical.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.