CBO Score Demolishes Trumpcare

The CBO estimate for Trumpcare has just come out and the numbers are devastating. By 2026, over 24 million people will have lost health insurance. In 2018, before many of the provisions have already kicked in under Trumpcare, 14 million will have lost health insurance. Premiums will rise by 15% to 20%. In addition, the total savings to the federal budget from this plan are a paltry $337 billion over 10 years. That is peanuts when you think that last year’s deficit alone was $587 billion. This plan would save a measly $30 billion per year while throwing 24 million of the insurance rolls. It is hard to see how Republicans can weather the storm that these numbers will create. The number of uninsured in 2018 is especially striking because every GOP House member who votes for this plan is, of course, up for re-election next year. That number alone makes the chances of Ryan being able to ram this bill through the House even more difficult. And if he can’t even get that job done, his days as Speaker may well be numbered. Ryan has doubled down, tweeting this statement which is a blatant lie about what the CBO report says, “CBO report confirms it → American Health Care Act will lower premiums & improve access to quality, affordable care”. It does no such thing. More on this tomorrow….