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CBO: Under 'skinny repeal' bill, 16 million Americans could lose health insurance

The Congressional Budget Office estimates that if the Senate Republicans' "skinny repeal" bill passes, getting rid of ObamaCare's individual and employer mandates, it could result in 16 million Americans losing their health insurance.

It's not entirely clear yet what is in the "skinny bill," as it won't be released until after a voting session that is expected to start Thursday, but a senior Democratic aide told The Hill the CBO said if the bill includes defunding Planned Parenthood and repealing the Community Health Center Fund and Prevention and Public Health Fund, premiums would be about 20 percent higher every year than under the current law.

Senate Democrats released the CBO's estimate on Wednesday evening, after the Senate rejected in a vote of 45-55 a proposal to repeal ObamaCare without immediately replacing it. On Tuesday, the Senate also voted against a modified version of Senate Majority Leader Mitch McConnell's plan to replace and replace ObamaCare. It is unclear if McConnell has enough votes for the skinny repeal bill to pass.