The measure is likely to become the subject of negotiations later in the year over government spending and debt.
Weeks into his tenure as Donald Trump’s director of the White House Council of Economic Advisers, former CNBC host Larry Kudlow dismissed estimates by the Congressional Budget Office (CBO) that the tax cuts and spending bills Trump signed will swell the budget deficit. In a Fox News interview on Tuesday, he claimed that the office’s analyses are “always wrong.”
“Never believe the CBO,” Kudlow told Fox & Friends. “Very important....
The repeal of the individual mandate in the tax bill, despite President Trump’s claim, does not amount to a repeal of the entire health care law.
A White House official said they “really aren’t sure” what the impact of the latest Republican effort to repeal and replace the Affordable Care Act would be, as Politico reported Friday—but a number of analyses have found the bill would hurt every state and leave 32 million people without insurance by 2026.
The bill, spearheaded by Sens. Lindsay Graham (R-SC) and Bill Cassidy (R-LA), would block grant health care funding to the states. The plan would also repeal a number of taxes ma...
For months, President Donald Trump has flirted with a tactic that could help make “Obamacare implode” — thus potentially forcing House and Senate Democrats to negotiate on a way to dismantle the law. On Tuesday, however, the Congressional Budget Office (CBO) released a report on what would actually happen if Trump implemented this tactic, and the results are less than spectacular.
For the most part, Obamacare would continue chugging along as usual. But the federal ...
If President Trump makes good on his promise to “let Obamacare implode,” premiums for the most popular plans would rise about 20 percent next year.
As Republicans seek to repeal the Affordable Care Act, scores of former Obama aides who helped create the law are fighting to save it.
Senate Republican leaders are seeking a vote next week on the Affordable Care Act, but have yet to decide whether to repeal and replace it now or repeal it now and replace it later.