Republican leaders are now switching gears with the backing of President Trump. Instead of focusing on repeal and replace which is what they previously promised, they are charging ahead with a new ‘repeal only’ health care bill in hopes they get enough votes.
The Congressional Budget Office got their hands on the new proposed bill and says it’s even worse than Republicans’ previous legislation. If passed, it will leave 32 million more people uninsured and get this – double health insurance premiums over the next decade. Yes, that’s not a typo. And, in just the next year if it’s passed, premiums will go up by 25% immediately.
Because they would only be repealing without a plan to replace it with, the new analysis predicts that insurers will end up fleeing the Obamacare markets, leaving half of the nation’s population without coverage options by 2020.
Maybe that’s what Trump meant in his press conference when he said, “I don’t own this.”
Senate Majority Leader Mitch McConnell said after the GOP Senators’ lunch at the White House with President Trump that he and the administration were working diligently on getting the few remaining Republican holdouts to to ‘get to yes.’ Even though he didn’t say what getting to ‘yes’ would mean.
The bill is slated to be voted on next week.
“I have every expectation that we’ll be able to get on the bill,” he said.