Wednesday, July 19, 2017

Bloomberg -- GOP's Obamacare Repeal Would Cut Insured by 32 Million, CBO Says

A Republican fallback plan to repeal all of Obamacare without a replacement health program would lead to 32 million more people uninsured by 2026 than under current law, the Congressional Budget Office said Wednesday.

That’s about 10 million more uninsured than the estimated 22 million people who wouldn’t be covered under a previous Senate Republican bill to replace many parts of Obamacare.

Senate Majority Leader Mitch McConnell has said the Senate may vote on the measure as soon as next week, though support for it is uncertain.

Hoping to avoid a humiliating political defeat, President Trump on Wednesday demanded that Republican senators resume their efforts to approve a plan to repeal and replace the Affordable Care Act, insisting that lawmakers are “very close.”

“People should not leave town unless we have a health insurance plan, unless we give our people great health care,” Trump said at the beginning of a lunch with GOP senators at the White House. “We’re close, very close... We have to hammer this out and get it done.”

The president’s effort to resurrect negotiations came a day after he declared it was time to give up on the contentious process to overturn President Obama’s signature legislative achievement and “let Obamacare fail.”

By Anna Edney  and Zachary Tracer