CBO SCORING OF TRUMP'S BUDGET & LATEST TRUMPCARE: HIS FOLKS GET HIT HARDEST BUT WILL THEY CARE?

Trump's budget hits his own voters hardest



The president's proposal for next year's federal spending calls for more than $1 trillion in cuts to social programs, including farm aid.

Here are some key facts and figures from the new CBO report on the American Health Care Act, the House-passed bill to repeal and replace Obamacare. CBO stressed the uncertainty of its estimates, given that it's hard to know which states would take up the chance to opt out of certain key parts of Obamacare. All figures are for the decade spanning 2017-2026 unless otherwise specified.

14 million

14 million fewer people will be insured one year after passage.

23 million

23 million fewer will be insured in 10 years.

$834 billion in Medicaid cuts

AHCA would cut spending on Medicaid, the joint federal-state health program for low-income people, by $834 billion. The program would cover 14 million fewer people.

Premiums will go up in 2018 and 2019

Premiums will go up in 2018 and 2019. After that, there will be significant variation depending on whether someone lives in a state that opts out of key Obamacare insurance rules.

In some states, premiums would decline

In states that waive some Obamacare rules, premiums would decline by 20 percent over a decade compared to current law.

Relatively stable markets

One out of 6 Americans will live in an area with an unstable insurance market in 2020 where sick people could have trouble finding coverage. But 5 out of 6 would have access to relatively stable markets.

Older Americans face much higher premiums

Poor, older Americans would be hit especially hard. The average 64-year-old earning just above the poverty line would have to pay about 9 times more in premiums.

Twice as many uninsured

In 2026, 51 million people under age 65 would be uninsured — almost twice as many as the 28 million who would have lacked coverage under Obamacare.

Less savings

The bill will save $119 billion, which is $32 billion less than a previous version of AHCA.

$664 billion

It repeals $664 billion worth of taxes and fees that had financed Obamacare.




Here's an analysis of the CBO report from on the Trump/Ryan Deathcare Act from Daily Kos:

The Congressional Budget Office's devastating score of Trumpcare is kind of a slog to actually read. Just ask Freedom Caucus leader Rep. Mark Meadows! So in order to help those Republicans who didn't bother to read the bill or the CBO report, here's some of the lowlights from the report of what they voted to inflict on the public. The report House Speaker Paul Ryan says he's "actually comforted" by.
  • The number of people losing insurance in the next year is 14 million, the same as in the original Trumpcare. It would force 23 million out of insurance in the next decade, 1 million fewer than the original Trumpcare. As Dylan Matthews points out it "costs $218 billion more than the original, covers 1 million more. That's $218,000 per new person insured."
  • By 2026, 51 million people will be uninsured, compared to 28 million under current law—Obamacare.
  • Among those uninsured, "the increase would be disproportionately larger among older people with lower income—particularly people between 50 and 64 years old with income of less than 200 percent of the federal poverty level." Like, 800 percent more expensive.
  • Relatedly, it would increase Medicare disproportionate-share payments to hospitals by $43 billion in the next decade, because of the costs of treating so many new uninsured patients.
  • It would destabilize the individual insurance market for one-sixth of the population in the states that get the waivers to avoid providing comprehensive coverage, which would mean that premiums for people buying comprehensive plans would be unaffordable.
  • It would cut $834 billion from Medicaid in the next ten years, and cut 14 million people out of Medicaid coverage.
But, hey! It would be a $663 billion tax cut over the next 10 years for the rich! That's what matters most of all to Republicans, and probably the part of this that Ryan finds particularly comforting. Well, that and fulfilling his frat-boy dream of destroying Medicaid.
NOTE:  Both Trump's Budget and the Healthcare Act take very square aim at poor and working Americans, as well as the elderly.  The rich, however, make out like bandits.


LIFE GOES ON FOR MOST OF US!

PS: I think the title of the Trump Budget (I'm sure it's actually Ryan's) "America First: A Budget Blueprint To Make America Great Again" is hilariously ironic!  

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