After the release of the Congressional Budget Office analysis, the Senate’s Better Care Reconciliation Act is getting criticized from all angles.
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Bold Biz: Repealing and Replacing Obamacare

David Grasso and Selena Hill dive into the GOP's latest version of a bill to repeal and replace Obamacare with a bipartisan discussin featuring Justin Dent, from Gen FKD, and Scottie Nell Hughes, from the The Committee to Defend the President.

Posted by BoldTV on Tuesday, June 27, 2017

 

The Senate healthcare bill, released last week, recently received its Congressional Budget Office analysis, which often influences Senate decisions. In light of a tough CBO evaluation, the vote on the Senate bill has been delayed until after the Senate’s July 4 recess.

Majority Leader Mitch McConnell delayed the vote because he needs to win the majority of the Senate to pass the new GOP bill and repeal the Affordable Care Act. This means that the Senate bill needs to be approved by 50 out of the 52 Republican senators, assuming that Democrats would unanimously oppose the new bill. Vice President Mike Pence would presumably support the bill and break the tie if 50 Republican senators voted yes.

The Congressional Budget Office

The Senate’s bill was evaluated by the nonpartisan Congressional Budget Office, which released its analysis on Monday.

The CBO said that the new Senate bill would increase the number of uninsured Americans by 15 million by next year. That number would jump to 22 million by 2026, slightly less than the 23 million predicted for the House bill.

Their analysis also found that premiums and out-of-pocket expenses could drastically increase for people who are low-income and people who are nearing retirement. The office said that subsidies to help people buy health insurance would likely drop, and deductibles would become higher.

The CBO said that Senate Bill cutbacks could also put coverage for maternity care, mental health care, rehabilitation services and certain very expensive drugs at risk. These changes would affect nearly half of all Americans.

On the other hand, the Budget Office said that the proposed bill would decrease federal deficits by a total of $321 billion over a decade.

Opposition from both sides

Senate Minority Leader Chuck Schumer of New York has been adamantly against the bill since it was publicly released.

After the CBO released its analysis, Schumer said the report “should be the end of the road for Trumpcare.” He continued, saying “Republicans would be wise to read it like a giant stop sign, urging them to turn back from this path that would be disastrous for the country, for middle-class Americans, and for their party.”

Republican Senator Dean Heller of Nevada said on Friday that he would vote against even debating the Senate bill. Three Republican senators, Susan Collins of Maine, Rand Paul of Kentucky and Ron Johnson of Wisconsin, have since joined Heller in voting against the bill.

These Republican senators opposing the Senate bill put the bill several votes below the number it needs to be passed.

Even before the CBO report was released, the American Medical Association opposed the Senate bill, and the National Governors Association reminded the Senate to evaluate their health care bill thoughtfully.

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Posted 06.28.2017 - 04:14 pm EST