House Minority Whip Hoyer Issues Statement on Amended TrumpCare Bill - Insurance News | InsuranceNewsNet

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March 24, 2017 Newswires
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House Minority Whip Hoyer Issues Statement on Amended TrumpCare Bill

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WASHINGTON, March 23 -- House Minority Whip Steny Hoyer, D-Md., issued the following statement after the Congressional Budget Office released its score of House Republicans' TrumpCare bill with the addition of Manager's Amendment:

"If Republican leaders were hoping that the Congressional Budget Office's cost and impact estimate for their amended health care bill would make any Member more likely to support it, I suspect they are now sorely disappointed. The estimate released a short while ago shows that the new version of their bill would have only half the deficit savings of the original version as it gives a trillion-dollar tax cut to the wealthiest.

"At the same time, it does nothing to lessen the number of Americans who will lose their health coverage, to mitigate the 24-29% average rise in premiums for consumers in each of the first two years, to remove the 'age tax' that dramatically increases costs for those ages fifty to sixty-four, or to address sharp increases in out-of-pocket costs that patients would face under the Republican plan.

"There must come a point where this bill's proponents accept that there is no way to salvage this legislation and set it aside. Republicans have had seven years to come up with a workable replacement for the Affordable Care Act, and the best they could muster was a bill that kicks 24 million people off their coverage and forces millions of others to pay more for less. It's time to call this bill what it is: a complete failure."

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