Scott Statement on CBO Analysis of Republican Bill to Repeal the Affordable Care Act
WASHINGTON, D.C. – Ranking Member Bobby Scott (VA-03) issued the following statement after the Congressional Budget Office announced that 24 million more Americans would be uninsured under the Republicans’ Pay More For Less bill.
"The Congressional Budget Office has confirmed what we already knew - that millions of Americans would lose access to affordable health insurance under the Republican plan. This proposal was put together without considering the fundamental principles of arithmetic. By skewing the tax credits toward higher income families, it only shifts costs onto those living paycheck to paycheck. If certain people pay less, then the rest necessarily pay more. It is a zero sum game. Further, the Republican plan is fiscally irresponsible and gives a huge tax break to the wealthiest Americans. Lastly, the proposal purports to cover those with pre-existing conditions without requiring that everyone maintains health coverage. This approach has failed in numerous states that have tried it. Instead of re-trying failed health policies that result in millions paying more for less, we should build on the progress of the Affordable Care Act and not go backward."
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