CBO Issues Report on GOP Obamacare Replacement: Uninsured up, Deficit Down

The GOP knew this was not going to be good news for them. It’s another reason why it’s stupid of them not just to do what they said and repeal the Affordable Care Act, set a sunset date and create something market-based. Give it a chance to do what the ACA did not do – make health care affordable.

The top-line numbers from this CBO report don’t look good and it will become gospel in the media:

Fourteen million more Americans would be uninsured under the House Republican health care bill than under Obamacare in 2018, the non-partisan Congressional Budget Office said Monday.

The long-anticipated score immediately puts the writers and supporters of the GOP Obamacare bill on the defensive. It is also certain to complicate the party’s already troubled efforts to repeal and replace the Affordable Care Act.

The Republican bill, titled the American Health Care Act, would reduce the federal deficits by $337 billion over 10 years, the CBO said.

The legislation, introduced last Monday, has sparked deep concern among Republican lawmakers in both the House and the Senate. The sources of unease are wide-ranging.

Prominnent (sic) conservatives on Capitol Hill, for example, have argued that the bill doesn’t go far enough, labeling it “Obamacare Lite.” One element of the legislation that has drawn fierce scorn is the refundable tax credits, which conservative Republicans say amounts to an entitlement program.

The GOP is already attempting to downplay the CBO findings, but they’ll have to do better. The questions about their plan will all start with, “How is your plan better when 14 million people will lose their coverage?” 

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