Economy & Politics

ObamaCare Repeal Bill: Some 22 Million Americans Could Lose Health Insurance over Next Decade

According to a congressional report published on June 26, some 22 million Americans could lose their health insurance over the next decade under a Senate bill to replace ObamaCare.

The non-partisan Congressional Budgetary Office (CBO) said the bill would reduce the budget deficit.

Similar legislation passed by the House was also said to leave millions uninsured. Some Republicans have voiced reservations about the plan.

However, the White House disputed the CBO’s figures.

Image source Wikimedia

Responding to the report, it said: “The CBO has consistently proven it cannot accurately predict how healthcare legislation will impact insurance coverage.”

House to Hold Vote on ObamaCare Repeal Bill

The report is a review of draft legislation unveiled by the Republican Party last week.

It is unlikely to be approved by Democrats, who see the proposals as cruel and unfair.

The CBO said that 15 million more people would be uninsured by 2018 under the proposed legislation than under current law, largely because the penalty for not having insurance would be eliminated.

President Donald Trump’s party is struggling to secure the 50 votes it needs to get its bill through the Senate when it comes to the floor.

The Senate bill would slash taxes for the wealthy offering less help for working families to buy medical insurance.

Republicans have rejected the notion that anyone will die as a result of their healthcare plan.

Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

12 hours ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago