The CBO has released it’s report on the GOP Obamacare replacement and the bottom line is that they say it will reduce the deficit by 337 billion over the next 10 years and would result in 14 million (many voluntarily) losing coverage:
CBO's AHCA score:
$883 billion tax cut
$1.2 trillion spending cut
$337 billion in deficit reductionhttps://t.co/GMoOLgSNCN— Phil Kerpen (@kerpen) March 13, 2017
CBO: #Healthcare bill would decrease budget deficit by $337B through 2026. #BREAKING pic.twitter.com/AceiOXJJ2F
— FOX Business (@FoxBusiness) March 13, 2017
CBO: GOP health plan would reduce deficit by $337B; would leave 14M more people uninsured by 2018 https://t.co/UwqAJZxwxl
— NBC News (@NBCNews) March 13, 2017
CBS calls the 14 million people number ‘eyebrow raising’:
NEW: CBO determines 14 million people would lose coverage in 2018 under GOP alternative to Obamacare, @nancycordes reports. pic.twitter.com/MkN4XhbUB0
— CBS News (@CBSNews) March 13, 2017
The very fact of Obama forcing people to purchase healthcare insurance is going to mean that some will lose it once the mandate is removed. And as we’ve always known since this whole thing began, there are some people who simply do not want to purchase healthcare insurance and that’s their prerogative.
If Obamacare is as good as media/Dems say it is, then 14 million people will chose to voluntarily keep it.
— Stephen Miller (@redsteeze) March 13, 2017
None of this means it’s a good bill. There are still massive problems with it that need to be fixed before it can pass the Senate, as evidenced by the offsets:
CBO says GOPcare would save $673 billion by eliminating Obamacare subsidies, offset by $361 billion cost of new credits.
— Philip Klein (@philipaklein) March 13, 2017
But I’m sure Trump and the GOP leadership will hail this as a miracle bill that all Republicans must vote for or everyone will die in the emergency room or something.