Senate Republicans’ plan to replace Obamacare will increase thenumber of uninsured Americans by 22 million, raise costs for manypeople currently enrolled in private insurance and slash Medicaidby billions of dollars, according to an estimate by theCongressional Budget Office.
The Senate bill, called the Better Care Reconciliation Act,would reduce the deficit by $321 billion over a decade, accordingto the CBO, which provides nonpartisan analysis of legislation.That compares with a bill that passed the House of Representativesin May, which CBO at the time projected would result in 23 millionfewer people with insurance and cut the deficit by $119billion.
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