10 things you need to know today: May 25, 2017

The CBO says 23 million will lose coverage under GOP health bill, the U.K. targets network linked to Manchester bombing, and more

Protesters holding signs about the AHCA
(Image credit: NICHOLAS KAMM/AFP/Getty Images)

1. CBO says 23 million would lose health coverage under GOP bill

The Congressional Budget Office said Wednesday that the bill repealing and replacing key elements of the Affordable Care Act that narrowly passed the Republican-controlled House would increase the number of uninsured Americans by 14 million next year and by 23 million in 2026. The number of people projected to lose health coverage over a decade due to insurance reforms and Medicaid cuts was slightly lower than previous estimates. The CBO said the bill would result in a $119 billion reduction in the federal budget deficit between 2017 and 2026, smaller than the $150 billion in savings over a decade under an earlier version of the health-care reform bill that GOP leaders withdrew when they failed to muster enough support to pass it. "Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums," the CBO concluded.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.