Boyle Statement on New CBO Estimate Confirming Republicans’ Health Care Scheme Means Higher Costs and Less Coverage

WASHINGTON, DC — Congressman Brendan F. Boyle (PA-02), Ranking Member of the House Budget Committee, released the following statement after new analysis from the nonpartisan Congressional Budget Office (CBO) confirmed that Republicans’ latest health care plan would rip away coverage and drive costs even higher.

“Apparently, it wasn’t enough for Republicans to strip health care from 15 million Americans and raise costs for families across the country to pay for billionaire tax breaks.

This new nonpartisan analysis makes clear that the bill Republican leadership wants to pass tomorrow would make a bad situation even worse. It’s a raw deal for working people: higher costs and less coverage, or no coverage at all.

If Republicans were serious about fixing the health care crisis they created, they’d work with Democrats to extend the Affordable Care Act tax credits and prevent costs from rising for tens of millions of Americans.”

Background:

• In addition to the millions of Americans set to lose health care due to the Republican reconciliation bill passed over the summer and their refusal to extend the enhanced ACA tax credits, CBO’s analysis shows this new bill would leave an additional 100,000 Americans uninsured each year.
• CBO also finds that the bill’s cost-sharing reductions provision would further reduce ACA tax credits to Americans by $131 billion, increasing out-of-pocket premium costs for millions of Americans enrolled in non-silver plans.

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