The CBO's estimate shows that the legislation advances the core goals of our plan to repeal and replace Obamacare:
*Lowers premiums by 10 percent.
*Reduces the federal deficit by
*Makes major entitlement reform, capping
*Increases choices for consumers, creating a vibrant market where people will have more freedom and flexibility to get the plan they want.
*Lowers taxes by
This report does not take into account additional steps
*As an example, HHS Secretary
We appreciate concerns about making sure people have access to coverage.
*This report finds that most of the drop in coverage is attributed to repeal of the individual mandate, because people are no longer forced to purchase government-mandated coverage.
*Under our plan, there will be a stable transition so that no one has the rug pulled out from under them.
*People who do not receive coverage through work or a government program will be provided with a tax credit to help purchase the plan of their choice.
*We are committed to making sure that every American has access to quality, affordable coverage.
Obamacare has proven that government-mandated coverage does not equal access to care, and now the law is collapsing.
*Our plan repeals Obamacare's flawed subsidies, which left millions of low- and middle-income Americans behind.
*Instead of being forced to buy expensive, one-size-fits-all coverage, people will be able to buy a plan they want and can afford. More choices mean lower premiums, as this report shows.