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Devastating CBO Report for Senate version of Trumpcare

Trumpcare Devastating CBO Report for Senate version of Trumpcare

It turns out that the Senate version of Trumpcare is no better than the House version. They both decimate the poor and the middle-class to reward the underserved wealthy.

CNBC reports the following.

The Senate’s Obamacare replacement bill would lead to 22 million more Americans uninsured in 2026, according to a Monday report from the nonpartisan Congressional Budget Office.

The CBO’s estimate of the plan’s effect on the number of uninsured Americans could influence whether Republican senators support it, as GOP leaders walk a thin line in trying to win the votes needed to pass their plan. The estimated growth in the number of uninsured Americans is slightly lower under the Senate plan than the bill that passed the House last month, which the CBO said would lead to 23 million fewer covered in 2026.

Senate Republicans last week released a draft of their secretive Obamacare replacement bill, called the “Better Care Reconciliation Act of 2017.” The plan would repeal Obamacare taxes, restructure subsidies to insurance customers that are based on their incomes and phase out Medicaid’s expansion program. It contains some key differences from the version the House passed last month.

Shortly before the CBO was set to release the score, Senate Republicans released a revised version that appears aimed to deter younger, healthier people from dropping insurance. The updated bill would impose a six-month waiting period on individuals who buy insurance but let their coverage lapse for more than 63 days in the prior year. That provision would start in 2019.

This story is being updated.

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