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G.O.P. Proposed Health Law Cuts Coverage for 24 Million
The Affordable Care Act (ACA) has been the target of Republican leaders and their base since its passage. With full control Congress and the White House, they now hold the power to make changes but as it turns out, they have no idea what to do. The one thing they are certain of is their desire to remove the funding mechanism for ACA -- a tax on the wealthiest citizens -- everything else be damed including millions of citizens who will not be able to obtain or afford coverage.
The House Republican plan to repeal and replace the Affordable Care Act would cause 24 million people to lose health insurance within a decade, the nonpartisan Congressional Budget Office said on Monday.
It would scrap the income-based tax credits that helped people pay for coverage, end the penalty for people who do not have health insurance and phase out the expansion of Medicaid that has brought coverage to millions of people
The C.B.O. produces a variety of budget and economic analyses, including deficit projections, legislative options for lawmakers confronting the nation’s most vexing problems, and cost estimates for legislation. Its director, Keith Hall, was appointed in 2015 by congressional Republicans, and it has maintained respect for its objective analysis.