The current Republican bill to repeal and replace major parts of Obamacare will lead to 23 million more Americans not having health insurance coverage by 2026 if it becomes law, the Congressional Budget Office projected Wednesday.
And the non-partisan CBO said that the federal budget deficit would decrease by $119 billion over the next decade if the American Health Care Act is signed into law.
Increases the deficit, gives tax breaks to the rich and corporations, and screws over 23 million people.
The House bill would also cut taxes by $662 billion over the next decade, according to a separate analysis released Wednesday by the Joint Committee on Taxation, mostly by repealing Obamacare taxes on the wealthy and health care industries.