The nonpartisan Congressional Budget Office on Monday released its cost estimate of Senate Republicans' health-care bill, the Better Care Reconciliation Act. The CBO score revealed that by next year, 15 million additional people would be uninsured under the plan, as opposed to under ObamaCare, the current law. The CBO attributed this steep drop to the fact that the "penalty for not having insurance would be eliminated" under the BCRA.
By 2026, 22 million more people would be uninsured under the BCRA, the CBO said. The organization had predicted 23 million more individuals would be uninsured under the House GOP's health-care bill than ObamaCare; the BCRA is the Senate's version of the House measure, which passed early last month.
The CBO also estimated that the BCRA would reduce the federal deficit over the next decade by $321 billion — $202 billion more in savings than the estimate for the House bill.
Senate Majority Leader Mitch McConnell (R-Ky.) is pushing for a vote on the BCRA this week. Five Republican senators have already announced their opposition to the bill unveiled last week; Republicans can only lose two votes and still pass the bill.