Page 2 - 337 Billion News Today

Work on this. if youre a democrat youre hoping that youre still nine votes short and that this fails and that we still have the affordable care act as pretty much the law of the land. >> which is what president trump has said will happen. by the way, this is not about the changes made last night, its about the last set of changes. interesting result. it shows basically no change in the number of people who will have coverage versus the first draft but less of an impact on the deficit. in fact, l...

Bill that would reduce the federal deficit by $337 billion over the next 10 years. the democrats pouncing on the fact that 23 million people will be uninsured under the republican plan. what should we make of the numbers? douglas was the director of the congressional budget office under president george w. bush. he is now the president of the american action form. welcome it is good to see you. >> thank you. >> paul: lets step back before we get into details. for a lot of viewers who do not unde...

Alluded in his priority private meetings about, again, negotiating. again, you talk to some of these prominent tea party members and they have concerns about how this institutionalizes some of the taxes, such as the cadillac tax. so when you look at the nonpartisan congressional budget report, republicans like the fact this is going to create a $337 billion offset to the budget. they dont like the fact this would, in the first year, cause 14 million americans to lose their health insurance. this...

Policy standpoint theres stuff in the legislation the white house likes considering the fact that the nonpartisan congressional budget office will return $337 billion to the government. theres also a lot that folks dont like, people like senator dean heller a moderate came out against it and said wait a minute, 14 million americans could lose health insurance within the first year. this is a tight, tight tricky issue for this president that hes going to have to play political referee on. >> susa...

This is before we get to phase two or phase three. >> heather: some of what he is talking about in that cbo report although the good part of it said that $337 billion in a reduction in the federal deficit over the next 10 years but it predicted that 24 million fewer people would have coverage for a decade from now if the aca stays intact. uninsured jump to 14 million after the first year a lot of those on medicaid. >> offer more choice. catastrophic options. maybe more young people will buy. in ...

Major changes are made, if this -- the concerns about the coverage numbers are not assuaged at any point. that more than anything else why you see republican leaders telling the white house, look, you need to stay unified with us, you cant freelance because those are the members that in the end they believe will be the hardest to bring around. >> phil mattingly, thanks. back with the panel. you have to white house pushing back on the cbo report but only kind of part of it, embracing other aspect...

>> phil mattingly, thanks. joining us is david walker, former head of the government accountability office. let me start with you. what do you make of how this is all playing out and particularly how the white house, theyre blasting the cbo report except for the parts that they like. >> the fact of the matter is the cbo is the honest broker. theyre the ones who keep the score, while they do a better job of estimating the financial impact, youve got to make estimates on how many will be covered i...

Part of it they embraced. >> they like the deficit reduction part of it because it reduces a deficit $337 billion over 10 years. much comes with cut backs in medicate. thats what the moderates are upset about. i have to ask a question after listening to phil. if you are a republican house moderate, why would you go out on a limb and vote for this bill if you know its going to get changed in the senate and then you will be on the record voting for something ha is unpopular in your district and mi...

>> you dont even have the president in your corner on this. he says he would keep everybody with coverage. thats what he said. and that is not what youre doing in this plan. maybe thats why were not hearing more from the president directly about this. usually he argues right to the people about what he thinks they should do. he said this was going to be great cbo score. certainly doesnt show that. >> well tcbo score does show $337 billion of savings. >> youre putting less money into it. theres n...

Phil mattingly has the latest. lets talk about the headlines from the report. >> start with the context. republican aides knew this was not going to be a great number. they did not know it was going to be this bad. and you hit the top lines. 14 million uninsured after the first year. by 2026 that number jumps up to 24 million. those are huge issues right now. they knew it was going to be a bad number. they knew the numbers wouldnt match up with obama care, but thats a real number with real polic...