[Congressional Record Volume 163, Number 10 (Tuesday, January 17, 2017)]
[Senate]
[Page S324]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CBO REPORT ON REPEALING THE AFFORDABLE CARE ACT
Mr. SCHUMER. Finally, Mr. President, I wish to turn to the CBO report
that just came out today. The Congressional Budget Office today
released a new report outlining the consequences of the Republican plan
to repeal the Affordable Care Act. Remember, the CBO is a nonpartisan
entity. The numbers don't lie. Try as they might, our Republican
colleagues can't discredit them.
The numbers are even worse than experts could have imagined.
Repealing the Affordable Care Act will mean tens of millions will lose
their health insurance and individuals will see their premiums double.
Let me repeat that. If the Republican bill passes--according to CBO,
which is nonpartisan--tens of millions will lose their health insurance
and individuals will see premiums double. Thirty-two million Americans
would lose their health insurance, 18 million within the first year of
repeal.
The report makes it crystal clear that the Republican effort to
repeal the Affordable Care Act will increase health care costs for
millions of Americans and kick millions more off their health
insurance. No wonder President-Elect Trump realizes repeal without
replace is the real disaster. No wonder he has admonished the Congress
not to do plain repeal.
Some Republicans have tried to dismiss the CBO report as meaningless.
I would remind my Republican friends of two points. First, this is the
CBO Director that Republicans handpicked. This is not some Democratic
operative. He is a person who knows numbers, who was chosen by our
Republican colleagues. You can't reject his findings.
Second, this is your repeal bill that the CBO is analyzing. They
didn't make up the scenario. They took the exact bill we had on the
floor and said: What are going to be the consequences? Devastating--
over 30 million losing coverage, premiums doubling. All the things that
our colleagues are complaining about with ACA are even worse under
their bill. Their complaints on ACA are incorrect. We have gained
numbers, and costs have gone down. The rate of costs have gone down--
much lower than they would be under this report.
I say to my colleagues, this is your repeal bill. The CBO didn't make
this up. It looked at the bill you sent to the President's desk, the
bill you say your repeal bill will be modeled on. It isn't meaningless.
It is your plan.
Now that repeal is real and not just a political exercise, the tide
is turning. The American people are becoming roused by the prospects of
dismantling health reform and leaving chaos in its wake. This is
exactly why Republican Members of Congress are getting an earful back
home from constituents who want them to turn back from their dangerous
plan to make America sick again. I urge my Republican colleagues to
listen to the growing outcry before it is too late.
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