This week, the Senate is poised to completely break Donald Trump's promises on healthcare. Remember, he promised insurance for everyone, it would be less expensive, and it wouldn't touch Medicaid. Well, the CBO report, out yesterday, makes it devastatingly clear that the Republicans are ready to repudiate all three of those promises. Next year alone, 15 million Americans will lose their healthcare coverage. Over the course of the decade, that number will swell to 22 million Americans. And because they have disguised the impact to appear later in the next decade, we will watch those numbers skyrocket. Less expensive? Well, under their proposal, a 64-year-old with a $56,800 income--not upper middle class by any stretch of the imagination--will, by 2026, face an annual insurance premium of $20,000. Impacts are most pronounced on low-income and older Americans. Won't touch Medicaid? Their proposal anticipates $772 billion over the next decade to be slashed from that budget, a 26 percent cut for the health insurance provider that gives care to most Americans, 16 percent fewer people, people with higher costs, less coverage, and poorer insurance. They take a stab at the concern about the destabilization of the insurance market, which their proposal will do, by taking away the mandate that people have coverage, allowing people to wait until they are sick but still requiring insurers to cover them. There is an escape hatch.…
On the recordJune 27, 2017
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