CBO Report Poses Dire Warning on Senate Health Bill

The Congressional Budget Office (CBO) has released its score of the Senate’s Better Care Reconciliation Act of 2017 (BCRA), and the results aren’t very favorable to the GOP cause of “repeal and replace” Obamacare. According to the CBO, the proposed BCRA would increase the number of uninsured by 15 million in 2018 and by 22 million by 2026. The bill, if it were to become law, would also cut Medicaid spending by $772 billion in the next 10 years and result in 15 million fewer Americans with Medicaid coverage.  Meanwhile, Senate Majority Leader Mitch McConnell (R-KY) decided not to bring BCRA to the floor for a vote this past week after several Republican senators expressed concerns with the current bill. However, the effort to repeal Obamacare and dismantle Medicaid is far from over. Senate Republicans are continuing closed-door negotiations through the July 4th recess in an all-out push to try to secure the 51 votes necessary to pass the bill via reconciliation. In a related matter, the CBO also released an additional report -- this [...]

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6/30/17 7:51 PM

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