Carmel, CA TrumpCare Analyzed By Congressional Budget Office : Family inHome Caregiving Blog

Carmel, CA TrumpCare Analyzed By Congressional Budget Office

by Richard Kuehn on 03/14/17

The Congressional Budget Office has completed their analysis of the pending TrumpCare bill, and they have found that it will increase the number of Americans without health insurance by 14 million next year, rising to 24 million by 2026.  The bill will take $337 billion off of the federal budget, with $144 billion of that flowing back to those with incomes over $1 million in the form of tax cuts.  The Trump administration immediately denounced the report.  “We disagree strenuously with the report that was put out,” Tom Price, the secretary of health and human services, said from The White House.  Democrats, of course cheered the report.  It is likely to cause further division in the Republican party, which has been waiting to see if the report would show that no Americans would lose health care coverage under the repeal and replace plan, as President Trump claims.  Senator Susan Collins (Republican, Maine) said the report was cause for alarm and “should prompt the House to slow down and reconsider certain provisions of the bill.” 

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