Under U.S. Republican bill, 23 million would lose health coverageStaff Writer | May 25, 2017
A bill passed by U.S. House Republicans would cause 23 million people to lose healthcare coverage by 2026 while de-stabilizing health insurance markets in some states and making it hard for sick people to buy insurance, a budget watchdog agency said.
America The Congressional Budget Office:
The report could give added ammunition to Democrats who have accused President Donald Trump and congressional Republicans of putting sick and low-income people at risk with their effort to roll back former President Barack Obama's signature 2010 healthcare law, formally known as the Affordable Care Act but often called Obamacare.
The report also complicates the job of Senate Republicans - some of whom already have doubts about the House bill - as they craft their own healthcare legislation.
Republicans have sought to unravel Obamacare since its passage and Trump promised on the campaign trail to repeal it, saying it is too costly and an overreach by government in the healthcare market. ■