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Tuesday, June 27, 2017

Trumpcare Takes From the Poor to Give to the Rich

By Tim Dickinson

New CBO report details how the Senate version of the Obamacare "repeal and replace" bill would harm tens of millions

The Senate GOP health care bill would cut $772 billion from Medicaid in the first decade, according to a new report from the Congressional Budget Office. J. Scott Applewhite/AP

Twenty two million Americans will lose insurance if the Senate's draconian Trumpcare bill becomes law, according to an estimate released Monday by the Congressional Budget Office. Fifteen million Americans would lose coverage in the first year alone – including four million Americans who would lose the coverage they currently get through work.

Why Are 'Pro-Life' Republicans Pushing a Bill That Will Kill Tens of Thousands?

If "pro-life" were anything but a slogan meant to restrict women's rights, GOP senators would not be supporting this legislation

The cuts under the Senate bill are bone-deep: Trumpcare axes $772 billion from Medicaid in the first decade. (The CBO projects more severe reductions in subsequent years, as the phased-in Senate cuts take full effect.) Subsidies for Americans buying individual policies are also slashed, by more than $400 million. "The average subsidy" for insurance buyers "under this legislation would be significantly lower than the average subsidy under current law," the CBO writes.


In short, the Better Care Reconciliation Act is a formula for worse health care in America. "For all the talk of the Senate dramatically changing the House bill, it's not much different," tweeted Andy Slavitt, who ran Medicaid and Medicare under president Obama. "Except meaner."

Senate Republicans use the savings won by cutting the health care of the poor, disabled, elderly and middle-class to pay for $541 million in tax cuts favoring the wealthiest Americans. The Senate bill could also create $321 billion in deficit reduction, according to the CBO, roughly $200 billion more than the House bill.

Read more: rollingstone.com

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