The Congressional Budget Office (CBO) health care report suggests that the GOP’s American Health Care Act will not be as successful as it anticipates.
President Donald Trump and his administration have promised to add health care through a new plan called the American Health Care Act, which is slated to offer affordable coverage. The plan will reportedly help 24 million uninsured people be in some sort of insurance by 2026, the CBO said.
Additionally, the plan will reduce the federal budget deficit by $337 million by then, proving to be a massive improvement over the Affordable Health Care Act, according to the CBO.
President Trump’s plan had reportedly been designed to insure 14 million people by next year, the GOP says. However, the CBO reports that this will not be the case after all.
Trump’s administration was quick to hit back, noting that it denounces the budget office’s conclusions, according to Tom Price, the secretary of health and human services.
There are a number of laws that the Republicans plan to pass that will help these goals come true, the GOP claims despite plenty of doubt from everyone else.
The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.