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CBO score of GOP’s latest Obamacare repeal bill expected week of May 22

by Tami Luhby, CNN Money

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We’ll soon learn how the Republican health care bill that passed the House last week will impact the number of uninsured and the deficit.
The Congressional Budget Office said Wednesday that it will release an updated estimate of the American Health Care Act early in the week of May 22. The legislation was changed several times after it was introduced, and House lawmakers took the unusual step of voting on it without a fresh CBO score.
The Senate is eagerly awaiting the revised report as it works to repeal and replace Obamacare. The chamber is expected to make major changes to the House bill, but needs the CBO score to know how much it will cost.
The most recent agency review of the House bill found that it would reduce federal deficits by $150 billion between 2017 and 2026. (An earlier CBO score found that the legislation would reduce deficits by $337 billion, but lawmakers then changed several tax and Medicaid provisions that eliminated some of the savings.)
Related: Who gets hurt and who gets helped if Obamacare gets repealed
However, the most damning finding of the CBO report was that 24 million more people would be uninsured in 2026 under the GOP bill than under Obamacare. An estimated 52 million people under age 65 would be uninsured, compared with 28 million if Obamacare remained in place.
Since the last CBO report, House Republicans made several changes, including adding more money to the bill to help states and insurers cover high-cost patients and giving states the option to weaken some of the provisions protecting those with pre-existing conditions.

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The student news site of McEachern High School in Powder Springs, Georgia
CBO score of GOP’s latest Obamacare repeal bill expected week of May 22