Washington D.C. – The nonpartisan Congressional Budget Office just released new analysis confirming that Trump and Republicans’ big, ugly bill will, combined with taking away the ACA tax credits, rip health care away from 16 million Americans, including kids, people with disabilities, seniors, and working families. Between the largest Medicaid cuts in history and decimating the Affordable Care Act, health care costs will skyrocket, and millions will lose life-saving care, all so Trump and the Republicans can give massive tax breaks to the wealthiest people and big corporations.
“The CBO has confirmed what we knew all along – this bill is horrendous for the American people and Donald Trump and Republicans are lying about it,” said Protect Our Care Chair Leslie Dach. “Now there is no doubt left about the destruction and devastation Republicans are causing to our health care system by making the largest health care cuts in history. Not only will hardworking families lose their coverage, but rural hospitals will shut down, seniors will be forced to leave their nursing homes, and people fighting cancer or addiction will lose access to lifesaving treatment. But Republicans are more concerned with lining the pockets of billionaires than protecting American health care. Now it’s on Senate Republicans to stand up for their constituents, not billionaires, and oppose this bill.”
BY THE NUMBERS
- Rips health care away from 16 million Americans, including seniors, children, veterans, and people with disabilities, to pay for tax breaks for billionaires like Elon Musk and corporations such as Big Pharma.
- Guts over $150 billion in critical funding for hospitals, which will shutter facilities, causing more Americans to live in maternity care deserts, travel further to emergency rooms, and face longer wait times.
- Generates over $600 billion in funding for tax breaks for the rich by making it harder than ever for working families to get the health care they need.
- Demands $8.2 billion in new health care payments from families who are already struggling.
- Contains a $5 billion giveaway to drug companies that will drive up the cost of prescription drugs for seniors and taxpayers.