Article snippet: In dry, stark language, the Congressional Budget Office on Monday punctured many of the stated goals for the Republican health care bill. The budget analysis gave Republican senators just a few happy talking points. It found that average insurance premiums would be lower in 2020 than they are today. The bill would reduce the deficit by more than $300 billion over a decade. And it would produce a huge tax cut, albeit mostly for wealthier Americans. But if you are a Republican senator looking for good news in this report, there were many more reasons to be glum than cheerful. And perhaps for that reason, the Senate Majority Leader Mitch McConnell of Kentucky announced on Tuesday that he would delay a vote on the bill. The Better Care Reconciliation Act, as the Senate version of the bill is called, would mean 22 million fewer Americans would have insurance in a decade, the C.B.O. found, almost no change from the earlier House bill that the senators have been overhauling. It said the legislation would increase deductibles, make insurance skimpier and destabilize markets. Average premiums would go down largely because the insurance they would pay for would become thinner and less valuable. Many older people, who are more likely to need insurance, would be priced out of the market. President Trump asked the Senate to write a bill that was less “mean” than a version passed by the House last month. According to a White House news release, the budget office’s score is not... Link to the full article to read more
A Few Bright Spots for Republicans. The Rest Can Be Scored as Grim. - The New York Times
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