The White House is right that the CBO is can be wrong about these predictions. But the Democrats have a talking point, since CBO is nonpartisan.
The Republican plan to repeal and replace Obamacare would result in 14 million more people without health coverage next year but reduce federal spending by $337 billion compared to current law, according to an estimate Monday from Congress’ official scorekeeper, the Washington Examiner reported.
About 24 million people would lose coverage over the next decade under the American Health Care Act, the Congressional Budget Office said Monday. But the plan would reduce taxes by $883 billion over the next decade.
The highly anticipated estimate holds major bearing on the task before President Trump and Republican House leaders, who are trying to sell their plan to roll back the Affordable Care Act’s Medicaid expansion, revamp the way subsidies are given to people for buying private coverage and ditch the law’s taxes.
The CBO analysis is “not believable” and the agency “simply has it wrong,” said Health and Human Services Secretary Tom Price.