📰 About Cbo News
About Cbo News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from About Cbo. Real-time updates on events, politics, business and more.
May 25, 2017
Time for our fact checking segment for facts sake. on the new cbo score related to the new house health care bill, the house passed plan could see a rewrite in the senate after tough analysis by the non-partisan krocongressional budget office, which is headed by a republican at the moment. the number of uninsured versus had we stayed with affordable care act, 2018, 14 million more will be uninsured. 2020, 19 million more people will be uninsured. out to 2026, 23 million more people will be unins...
May 25, 2017
>> last question. >> follow up quickly, nice to see you. >> nice to see you. >> specifically on the -- i dont hang out here often. on the cbo specifically, the language they use when it comes to premiums, despite the additional funding, those sicker americans would face extremely high premiums. how do you ensure the sicker americans with preexisting conditions they wont be priced out and it wont be unaffordable? >> what the cbo report doesnt state is states put their own part of this, as well. t...
May 25, 2017
The bill is in compliance with reconciliation instructions. what im encouraged is what the cbo says is well be able to drop premiums. we can give the states like wisconsin the plflexibility to t pri proceed y premiums down. a study came out yesterday from hhs saying premiums have doubled in america because of obamacare. people cant afford this. so what cbo just told us is the reforms we put in this bill will help lower premiums. so im very encouraged by that. i think what members are frustrated ...
May 25, 2017
Of lecture he presented, that i think is going to leave many of these leaders deeply unsatisfied. >> good to talk to you. thank you so much. former u.s. ambassador to nato and now with the chicago council on global affairs. up next, the new reaction to the cbo score on the revised republican health care bill that would leave millions without coverage. well dig into the hard numbers. were waiting for paul ryan to speak live. he is expected to address that cbo score and the situation in montana....
May 25, 2017
On the health insurance plans. the pot making is, you dont look at the risk pool idea federal alone. remember, the states will also do some of the lifting. the states, like in my state, well have an assessment on plans, if they choose to do that. theyll have an agreement with providers. we will have federal resources and state resources, which taken together, will improve the situation. we had a very successful risk pool in wisconsin. our insurance commissioner, deputy insurance commissioner tes...
May 25, 2017
Chad? or jake. jake then chad. >> you have a choice whether he is part of your conference. youll make a choice, whether or not to accept him. is this the -- >> the choice we made -- i do not think this is acceptable behavior. the choice is made by the people of montana. >> explain something to me. so you havent sent the health care report to the senate. got the cbo report. you said it was good news. why are rank and file republicans basically beating the living tar out of the cbo? you are the bu...
May 25, 2017
More entry, not less. for sure, there are some markets where there are problems. there are others where there are not really big problems. and the system is working. but to make the argument that there are problems with obamacare, therefore, lets light it on fire and lets replace it with something thats going to be dramatically worse doesnt make any logical sense. >> austin, were going to toss it over to paul ryan. good to talk to you. thank you for being with us. heres paul ryan talking about c...
May 25, 2017
That has people frustrated. >> why do people -- >> but the deficit reduction part is important. your side embraced that. when it came to 23 million, they said, no, it was -- >> i just explained it. >> following up on the cbo report, it did find that preel y -- premiums on average would go down, but in the markets that employed the waivers, they believed there might not be any access for the group -- >> let me explain what this means. >> it would go up for older and sicker people, as well. >> if ...
May 25, 2017
Premiums. we have two problems to solve here. we have to get premiums down and make sure people with preexisting conditions can get affordable coverage. >> youre disagreeing on the cbos conclusion, that premiums would in fact go up for the more sick? >> i just answered your question. >> yesterday, the treasury secretary called for a clean debt ceiling increase. it was rejected but also wants something done by august to address the deficit. where do you stand? >> were talking with members on this...
May 25, 2017
In less direct spending to medicare. 14 million fewer enroh llles. these are the poor and indigent. joining me now is austin, a professor at the university of chicago and the former chairman of the council of economic advisers in president obamas administration. >> thanks for having me. >> people right now who have insurance would lose it. the justification ive been hearing is that because theyre not forced to buy insurance by obamacare, people will have the freedom to not buy something ey dont ...