This is really, really bad news.
The Congressional Budget Office (CBO) has projected that the number of uninsured people would grow by 14 million in 2018 under the Republican ObamaCare replacement bill, with that number rising to 24 million in a decade.
The estimate of the drop in coverage is larger than even many analysts had predicted.
The report finds that the 24 million people would become uninsured by 2026, largely due to the proposed changes in Medicaid. The bill both ends the extra federal funds for the expansion of Medicaid and caps overall federal spending for the program, both of which CBO says would lead to people losing coverage.
Trump’s Secretary of Heath and Human Services disagrees with the CBO’s findings and slammed the report.
“We disagree strenuously with the report that was put out,” Tom Price told reporters at the White House.
— CNN Politics (@CNNPolitics) March 13, 2017