The non-partisan Congressional Budget Office (CBO) assessed the earlier version of the so-called Trumpcare bill and found it would leave millions currently insured under the Affordable Care Act without insurance. Now the CBO has looked at the “direct spending and revenue effects of H.R. 1628, the American Health Care Act” — this time “incorporating manager’s amendments 4, 5, 24, and 25.”
The CBO drew two major conclusions. First, that H.R. 1628 would reduce the federal deficits by $150 billion. Second, are the fiscally disastrous number of uninsured Americans it would leave in its wake. The CBO estimates that as soon as 2018 14 million people would lose their insurance. By 2026, just nine years away, the CBO estimates that 52 million Americans under 65 would be uninsured. The estimate for uninsured in 2026 under the current law is 28 million, meaning that 24 million would be added to the ranks of the uninsured if the law is enacted.
