Rep. Schakowsky Issues Statement on Congressional Budget Office’s Analysis

WASHINGTON, June 26 -- Rep. Jan Schakowsky, D-Ill., issued the following statement after the nonpartisan Congressional Budget Office outlined exactly how much damage the Senate's version of the bill to repeal the Affordable Care Act would do to Americans:

"The CBO's report on the latest version of Trumpcare tells us this: the Republican bill would result in 22 million people losing their health insurance, it would mean hospitals and nursing homes closing, it would mean Americans over the age of fifty losing health insurance because they can't make their skyrocketing payments, it would mean more expensive plans with far worse coverage, it would mean enormous job loss, it would mean people with pre-existing conditions struggling to find a plan to cover them, it would mean children, mothers, seniors, and others on Medicaid having their health care ripped away, and yes - it would mean people in the richest country in the world, at the richest point in its history, dying because they cannot afford health care.

"All of this so that Republicans in Congress can give an enormous tax cut to their ultra-wealthy cronies. Under the Republican bill, the average millionaire would get a tax cut of close to $50,000 a year.

"I am truly sickened, and I will not stop fighting against this monstrosity of a bill."