CBO-Obamacare Repeal Would Leave 18 Million Uninsured, Send Premiums Soaring: Report
That would be the Congressional Budget Office. Congress is held by the GOP, so claims of fudged numbers should carry little weight. That might be 18 million people filling the streets in protest.
About 18 million people would lose or drop their health insurance in the first year after Obamacare is repealed, the Congressional Budget Office reported Tuesday.
The nonpartisan federal agency also found that health insurance premiums would spike another 20 to 25 percent, according to the new report. Within 10 years, 32 million more people would be without health insurance, the CBO projects.
Julian Gomez (R) explains Obamacare to people at a health insurance enrolment event in Commerce, California March 31, 2014. Lucy Nicholson / Reuters
Without a replacement, health care costs overall would continue to rise every year, as would the number of people going without health insurance. Premiums would continue to go up, as well.
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