CBO Assessment Reports Deficit Reduction But Higher Uninsured Rate Under GOP Health Bill
On Monday, the Congressional Budget Office (CBO) released its assessment of the proposed repeal and replacement bill, called the American Health Care Act, announced by Republicans in the U.S. House of Representatives last week. The CBO’s assessment reports that based on their estimations the bill in its current form would reduce deficits
by $337 billion over a 10-year period and increase the uninsured rate by 24 million over that same period. They estimate that the uninsured rate would increase 14 million in 2018 compared to the current law.