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Monday, 13 March 2017

Politics: The CBO says as many as 24 million Americans could lose their health insurance under 'Trumpcare'


U.S. House Speaker Paul Ryan (R-WI) holds a news conference at the U.S. Capitol in Washington, U.S.

The Congressional Budget Office estimated that XXX million people could lose their insurance under the American Health Care Act.

The CBO projected that as many as 14 million Americans could lose their coverage due to the AHCA in 2018. As the Medicaid changes went into effect, the CBO projects this could rise to 24 million by 2026.

The CBO, along with the Joint Committee on Taxation, estimated that the bill would decrease the federal deficit by $337 billion over the next 10 years.

Critics of the law had been pointing to the CBO score as a way to fully understand the potential impact of the AHCA on the federal budget and the US healthcare system.

The White House and proponents of the AHCA have spent much of the past week casting doubts on the CBO score, in an attempt to blunt the expected blow from the report.

In a press conference last week, White House press secretary Sean Spicer said, "If you're looking at the CBO for accuracy, you're looking in the wrong place." Other White House surrogates like National Economic Council chair Gary Cohn and Office of Management and Budget director Mick Mulvaney criticized the CBO's accuracy in interviews on Sunday.

The AHCA passed the House Energy and Commerce and Ways and Means committees on Thursday, and it is scheduled be considered by the House Budget Committee on Wednesday.

This is a developing story...



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