CBO: Bipartisan Obamacare fix would reduce deficit

Campaign Action

Oh, hey. A healthcare bill has gotten a good report from the Congressional Budget Office—quite a novelty here in 2017. And look, it’s the bipartisan effort to stabilize the Obamacare markets!

A bipartisan deal to shore up ObamaCare’s insurance markets would reduce the deficit by nearly $4 billion by 2027, according to a score released Wednesday by Congress’s nonpartisan scorekeeper.

The bill, sponsored by Sens. Lamar Alexander (R-Tenn.) and Patty Murray (D-Wash.), would fund key ObamaCare insurer subsidies and give states more flexibility to change their ObamaCare programs.

The Congressional Budget Office (CBO) said in its report Wednesday that the bill would not substantially impact the number of people with health insurance.

Saving nearly $4 billion over 10 years is not a huge amount by government standards, but it sounds pretty damn good when you consider that Donald Trump’s alternative, not funding cost sharing reductions, would increase the deficit by $194 billion.

Republicans opposing the Murray-Alexander plan as some kind of bailout for insurance companies, ball’s in your court.


Share this post