CBO Scores Senate ACA Repeal

The nonpartisan Congressional Budget Office on Monday said that 22 million people would lose health insurance coverage under the Senate plan to repeal and replace the Affordable Care Act. The Better Care Reconciliation Act of 2017 would also reduce direct spending by more than $1 trillion and reduce revenues by $701 billion over the next decade, with a net reduction to the federal deficit by $321 billion. The CBO said that is about $202 billion more than the estimated savings in the House American Health Care Act, the companion legislation that passed in early May on a strict party line vote.

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