The Congressional Budget Office on Monday released its long-awaited analysis of the Republican plan to replace Obamacare — and it contains some very bad news for supporters of the American Health Care Act.
CBO projects that the Republican plan would cause 24 million Americans to lose coverage by 2026. This is a much bigger drop in coverage than experts had expected. Republican legislators will now be forced to answer questions about why tens of millions of Americans will lose coverage and how those people will fare under the new system.
The CBO projections also show that a promise President Trump and his advisers have made multiple times — that Trump would draft a bill that covered everyone, or that no one would lose coverage under his plan — to be flatly false.
Just this weekend, Health and Human Services Secretary Tom Price said, “We don’t believe that individuals will lose coverage at all.” CBO says this is not the case whatsoever.