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Congressman Mike Thompson

Representing the 5th District of CALIFORNIA

Thompson Demands GOP Abandon Healthcare Repeal

Mar 13, 2017
Press Release
CBO Score Reveals 24 Million Could Lose Coverage Under Current Plan

Washington – Today, the nonpartisan Congressional Budget Office (CBO) released its official score of the Republicans’ Affordable Care Act (ACA) repeal. According to their analysis, 24 million Americans could lose their health insurance by 2026 if the Republicans push forward with their reckless repeal. Rep. Mike Thompson (CA-05) released the following statement:

“The President and Republican leadership would rip healthcare away from hardworking families and seniors in order to give tax cuts to billionaires and big corporations. It’s extremely telling that the very first section in their bill does not address rising out-of-pocket costs, access to doctors, or any of the challenges real Americans face. Instead, it gives a big tax cut to insurance companies that pay their executives multimillion dollar salaries.

“The CBO’s report makes it clear that gutting our healthcare system will not bring prices down or help more Americans afford insurance. Instead, it will snatch coverage away from those who need it the most. More Americans will be forced to go without healthcare—or rely on emergency services in a time of crisis. If they can’t afford the bills, American taxpayers will have to pick up the costs—all so big businesses can get tax cuts on their bonuses. This isn’t healthcare. It’s wealth care.”

According to the CBO, 14 million would lose their health coverage in the next year under the GOP’s repeal. That number would rise to 21 million in 2020 and 24 million by  2026. The full CBO report can be found online here: https://mikethompson.house.gov/sites/mikethompson.house.gov/files/CBOAmericanHealthCareAct.pdf

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