The report also flies in the face of Trump's talk of "insurance for everybody," which he stated in January. He has since embraced a less expansive goal — to "increase access" — advanced by House Speaker
In a signal of trouble, Rep.
The budget office's estimates provide a detailed, credible appraisal of the Republican effort to unravel former President
On the plus side for
The report also said that while the legislation would push premiums upward before 2020 compared to current law, premiums would fall after that by an average 10 percent by 2026.
It would phase out Obama's expansion of
Administration officials took strong issue with the budget office's projections.
"We believe that our plan will cover more individuals and at a lower cost and give them the choices that they want," Price said.
Not in a good way,
"I hope they would pull the bill. It's really the only decent thing to do," said House Minority Leader
Two House committees have approved the legislation and Ryan wants to bring it to the full House next week. Though many
The budget office attributed projected increases in uninsured Americans to the
By 2026, the office estimated, a total of 52 million people would lack insurance, including 28 million who would have been expected to lack coverage under Obama's statute. People with lower incomes age 50 to 64, generally too young for
Though Republican tax credits would be less generous than Obama's, the combination of those credits and other changes to lower premiums would attract enough healthy people to stabilize markets under the new plan, the report said.
The budget office sees federal spending on
Average premiums are ultimately expected to fall, but that would vary for people of different ages because contrary to Obama's law,
The report estimates that individuals' out-of-pocket costs under the
CBO had predicted 23 million people would enroll in online marketplaces when Obama's law was enacted but the actual number was 12 million, largely because it overestimated how the individual mandate would prompt people to buy coverage.