Yesterday, the nonpartisan Congressional Budget Office (CBO) released updated analysis on Republicans’ tax bill and confirmed 16 million Americans will be kicked off their health care, including kids, people with disabilities, seniors, and working families. This bill slashes over $1 trillion in American health care – the largest health care cut in American history – in order to fund tax breaks for billionaires and big corporations. Despite their empty promises to protect health care or lower prices, Donald Trump and Republicans are going to force seniors out of nursing homes, shutter rural hospitals, cause health care costs to skyrocket, and rip life-saving coverage away from millions.
Bloomberg: Health Coverage for 16 Million Said at Risk With GOP Plan.
- “The number of people in the US without health insurance is poised to increase by 16 million by 2034 under Republican plans for spending cuts, the Congressional Budget Office estimated… The reconciliation bill alone—which the GOP plans to pass using a budget mechanism without needing Democrats’ support—would lead to around 11 million more people without insurance. CBO estimates that proposed Medicaid work requirements for adults aged 19 to 64 without dependents would increase the number of uninsured by 4.8 million by 2034.”
ABC News: “The CBO Projects Overall a Total of 16 Million People Could Potentially Go Uninsured Over the Next Decade.”
- “The bill narrowly passed the House in May, but now some GOP members are signaling regret on their stamp of approval… The president has lashed out at GOP senators who are threatening to complicate its path forward, including Kentucky Sen. Rand Paul. Paul, who is specifically taking issue with the deficit, told ABC News following Trump’s attacks that he’s been “consistent” about his view from the start. Sen. Ron Johnson, a Wisconsin Republican who sits on the Senate Finance Committee, has been critical of the bill the House passed to the Senate because it adds to the deficit.”
- “‘The more you look at the bill, the worse it gets,’ [Senator Chuck] Schumer said. He slammed the impact the changes to Medicaid are projected to have on people’s health insurance as well as on rural hospitals and nursing homes. ‘People will fall through the cracks and get phased out of coverage in the coming years. Death by 1,000 paper cuts. That’s the intention of the Republican bill,’ he said.”
Modern Healthcare: “The Combined Effects of Those Policies and the One Big Beautiful Bill Act Would Result in 16 Million More Uninsured People.”
- “The Republican tax-and-spending-cuts legislation speeding through Congress would take more than $1 trillion out of the healthcare system over a decade, according to an analysis the Congressional Budget Office published Wednesday… Medicaid would be subject to the lion’s share of the cuts and see its federal budget diminish by $864 billion. The work requirement provisions alone would reduce spending by $344 billion… The CBO projects that the Medicaid cuts and other policies would lead to 10.9 million people becoming uninsured, including 7.8 million who would lose Medicaid benefits.”
Stat News: “16 Million People Could Become Uninsured Over a Decade.”
- “Overall, the bill increases the federal deficit by $2.4 trillion over a decade, thanks to its extension of Trump’s tax cuts and the enactment of new ones. Extending lower tax rates alone costs $2.2 trillion over a decade, for example. The bill includes cuts to federal spending on health coverage of more than $1 trillion.”
- “About 7.8 million people would lose Medicaid coverage, while much of the rest of the losses would stem from the Affordable Care Act’s exchanges. Among those losing coverage would be 1.4 million immigrants and others who don’t have, or can’t prove, a legal status that would give them access to insurance… The CBO report doesn’t account for another looming change to health care: enhanced premium tax credits that help people buy ACA coverage are set to expire at the end of the year. The bill does not renew them. The Trump administration has separately estimated that 4.4 million would lose coverage without the tax credits.”
Washington Examiner: “This Would Be the Biggest Rollback in Federal Support for Health Care Ever.”
- “Democrats and a handful of Republicans have pushed back on the bill’s healthcare provisions, particularly the institution of work requirements for certain Medicaid recipients. Changes to Medicaid and Obamacare in the Energy and Commerce Committee portion of the bill would result in 9.1 million uninsured people, while the Ways and Means provisions would result in 2.3 million newly uninsured people by 2034. The overlap between the programs reduces the uninsured rate by half a million, for a grand total of 10.9 million uninsured people by 2034.”
Splinter: Trump and the GOP’s ‘Big, Beautiful Bill’ Fails Its Final CBO Score.
- “Digging into the human costs reveals how it is even more heinous, as the CBO says it would increase the uninsured population by 10.9 million people over the next ten years. Republicans are lying about how this will throw people off Medicaid by saying that undocumented immigrants are receiving benefits when we know that is not true. This bill is an explicit attempt to take Medicaid away from people in order to partially pay for tax cuts for billionaires that will still blow out the deficit and raise borrowing costs for everyone. In true Republican fashion, many of these empty suits are now lamenting their vote in favor of this calamitous bill they clearly did not read.”
- “The Yale School of Public Health sent a letter to Democrats warning that this bill could kill 51,000 Americans each year… 15 million people would lose health care coverage because of this GOP bill, and there is enough evidence before you get to Republican Senator Joni Ernst’s gleeful reaction to people dying to suggest that Republicans are happy to accept killing tens of thousands of people in order to give tax cuts to the wealthiest people in America. This is their agenda.”
Economic Policy Institute: “[Republicans] Chose to Slash Programs Helping Some of the Most Vulnerable Families.”
- “This direct transfer of income from vulnerable families to the richest can be summarized in a striking symmetry: If the bill becomes law, the annual cuts to Medicaid would average over $70 billion in coming years—the same amount millionaires and billionaires would gain in tax cuts each year.”
- “These health care spending cuts would lead directly to millions of people losing health insurance… the Center on Budget and Policy Priorities estimated coverage losses of at least 15 million… a disproportionate share of the House bill’s Medicaid cuts would almost surely fall exactly on these weaker local economies. We estimate that roughly 27 million workers are in these weaker local economies, and that Medicaid cuts could depress local spending enough to force the loss of 850,000 jobs.”
Nasdaq: “Health Insurance Coverage for Millions of Americans Hangs in the Balance.”
- “Under the deal passed by the U.S. House of Representatives last month, policy analysts are estimating between 10.9 million and 15 million people would lose access to their health insurance plans over the course of the budget window, which extends to 2034… Several million more are also expected to lose their health insurance coverage through changes to the Affordable Care Act, aka Obamacare, combined with sunsetting provisions that the GOP megabill does not extend.”
The Hill: “House Republicans Rushed to Vote on This Bill Without an Accounting From CBO on the Millions of People Who Will Lose Their Health Care.”
- “Nearly 11 million people would lose health insurance under the House Republican tax bill, mostly due to cuts to Medicaid and the Affordable Care Act (ACA), according to the nonpartisan Congressional Budget Office (CBO). The CBO’s latest report estimates that 10.9 million people would be uninsured over the next decade if the spending package, which includes much of President Trump’s legislative agenda, were enacted.”
- “Republicans are likely to downplay the significance of the analysis… Some GOP senators have expressed concerns about some of the Medicaid provisions and say they won’t support the bill without changes.”
CBS News: “Federal Spending on Medicaid and the Affordable Care Act Would Be Reduced by $902 Billion Over a Decade.”
- “House Republicans are aiming to cut at least $1.5 trillion in spending to offset trillions in tax cuts, while also raising the debt ceiling by $4 trillion. The CBO projection puts the spending cuts at about $1.2 trillion over the next decade, with the tax cuts totaling just under $3.7 trillion. The national debt currently stands at roughly $36 trillion, according to the Treasury Department… Though Republicans vowed to protect Medicaid benefits and have framed cuts to the program as trimming ‘waste, fraud and abuse,’ the analysis found that the portion of the bill dealing with Medicaid would mean 7.8 million fewer people being enrolled in the safety net program.”
The Wall Street Journal: “Most People, Republicans and Democrats Alike, Want Medicaid Funding to Stay the Same or Increase.”
- “The 10.9 million figure is an increase from an earlier CBO estimate Republicans released last month. That earlier number pegged the newly uninsured at 7.6 million. The GOP plan thins the rolls by adding more eligibility checks and work requirements for Medicaid recipients. It also makes it more difficult to sign up for Affordable Care Act plans… Cutting Medicaid is unpopular. A March KFF poll found that most people, Republicans and Democrats alike, want Medicaid funding to stay the same or increase”