Good to have you with us. Tonight it is being hailed as a victory for donald trump. In the house of representatives lawmakers have passed a new Health Care Bill drawn up to replace obamacare. Health care reform was one of his election promises. It suffered a setback when republicans refused to support their own administration. The latest is a compromise to get republican skeptics on board. It has to pass the senate where it could face public and resistance. After the house vote a triumphant donald trump addressed republican lawmakers in the rose garden of the white house. Here is some of what he had to say. Flex this is a great plan. As leader will get better. This is a repeal and replace of obamacare. Make no mistake about it. Most importantly, premiums will be coming down. Deductibles will be coming down. Importantly it is a great plan. Ultimately that is what it is all about. Lets pull in our correspondence. Good evening. I have to say, i cant remember when the passage of part of th
Focusing on the Congressional Budget Office report that has a big focus this week, the big numbers this week. BeMillion People would without insurance from the senate plan. That is what the Congressional Budget Office projects. Explain how they, up with that number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket
Focusing on the Congressional Budget Office report that has a big focus this week, the big numbers this week. BeMillion People would without insurance from the senate plan. That is what the Congressional Budget Office projects. Explain how they, up with that number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket
BeMillion People would without insurance from the senate plan. That is what the Congressional Budget Office projects. Explain how they, up with that number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket spending would be so high. Those are the big top lines. This is compared to current law. The number with the
Number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket spending would be so high. Those are the big top lines. This is compared to current law. The number with the insurance would double. The cbo did not like down did not break down the individual penalties would go away. They would pay a tax penalty for not hav