CBO Report Fuels RI Reps' Distaste For GOP Health Plan

Mar 14, 2017

Credit Congressional Budget Office

A report issued Monday by the Congressional Budget Office ran the numbers on the Republicans' plan to replace the Affordable Care Act, called the American Health Care Act. Among the highlights: 14 million Americans could lose coverage next year if the proposal moves forward, and nearly double that 10 years from now. The plan reduces the nation's deficit, but it does so by cutting Medicaid funding and reducing health care subsidies.

Sen. Sheldon Whitehouse (D-RI) said in a statement: “These numbers make clear that the only people who will benefit from Trumpcare are the ultra-wealthy getting a tax cut.”

Rep. David Cicilline (D-RI) wrote: "Trumpcare is a great deal for insurance companies. It's a great deal for drug companies. But it's a really bad deal for hardworking Americans."

Sen. Jack Reed (D-RI) said: “This CBO report offers further evidence that Trumpcare is the wrong prescription for America’s health care system and would result in millions more Americans being uninsured. This is even worse than most Republicans worried, and I hope it will cause thoughtful members of Congress on both sides of the aisle to thoroughly examine this non-partisan analysis. The CBO report also acknowledges that out of pocket costs and deductibles will go up.  Costs will rise for millions of Americans, and the federal government, comparatively, will save very little, while the cost burden is shifted to states."