Affordable Care Act Revision Would Reduce Insured Numbers By 24 Million, CBO Projects
Affordable Care Act revision would reduce insured numbers by 24 million, CBO projects
House Republicans’ proposal to rewrite federal health care law would more than reverse the gains the Affordable Care Act has made in the number of Americans with health insurance, while curbing the federal deficit, according to a widely anticipated forecast by congressional budget analysts.
The analysis, released late Monday afternoon by the Congressional Budget Office, predicts that 24 million fewer people would have health coverage over the coming decade, nearly doubling the share of Americans who are uninsured from 10 percent to 19 percent. But the GOP legislation would lower the deficit by $337 billion during that time, primarily by lessening spending on Medicaid …