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The Truth About the Congressional Budget Office Report: Media Spin is Ignoring These Key Facts"Obamacare all of a sudden, [in] the last couple of weeks, is getting a false rap that maybe it's OK. It's not OK. It's a disaster, and people understand that. It's failed, and it's imploding. And if we let it go for another year, it'll totally implode." -President Donald Trump
The Congressional Budget Office announced Monday that the replacement of Obamacare would leave 14 million Americans uninsured by next year and 24 million uninsured in the next decade. "How can they look their constituents in the eye when they say to them '24 million of you will no longer have coverage,'" House Democratic Leader Nancy Pelosi said. The big three nightly news networks echoed that cry, warning that 24 million people will lose insurance if the law passes. But the Media Research Center (MRC) points out they chose to ignore a key part of the CBO's report. MRC reports what it said: In other words, many of those people will drop insurance because they would no longer be forced to buy it against their will. Average premiums are said to rise as much as 20 percent in 2018 and 2019 before lowering years after. But the CBO pointed out something about that which was quite significant, and also ignored: The Trump administration is speaking out against the media spin about the CBO report. And President Trump is reminding Americans that Obamacare is not working, and needs to be fixed. "Obamacare all of a sudden, [in] the last couple of weeks, is getting a false rap that maybe it's OK. It's not OK," the president said Monday. "It's a disaster, and people understand that. It's failed, and it's imploding. And if we let it go for another year, it'll totally implode," he said. Meanwhile, the CBO also reports the bill would lower federal deficits by $337 billion over 10 years, after cuts to Medicaid.
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