Now that Republicans are in control they no longer care about the deficit, the debt ceiling, or even the price tag on an Obamacare replacement.
We are not even sure if the revisions will save any money.
House Republican leaders are set to take the politically risky gamble Wednesday of asking their colleagues to vote on a bill replacing the Affordable Care Act without official estimates of the GOP plan’s cost or coverage losses.
By moving ahead without an official “score” from the Congressional Budget Office—an estimate of how much the bill would cost and how many people might lose coverage over the next 10 years—Republican leaders are asking members to vote on a bill without independent verification that it achieves what it claims. The unknowns surrounding the bill also have served as a boon to its opponents, including some House conservatives, who are resisting moving ahead without a better understanding of its cost implication.
In a Tuesday afternoon news conference, Health and Human Services Secretary Tom Price said the bill would be adjusted after an official cost estimate from the CBO is released. Asked if the bill would raise the budget deficit, Mr. Price responded that it isn’t “the goal and the desire that I know of the individuals on the Hill.”
“We don’t know how many people would use this new tax credit, we don’t know how much it will cost, and we don’t know if this bill will make healthcare more affordable for Americans,” Utah Sen. Mike Lee, a Republican, said in a statement. “This is exactly the type of backroom dealing and rushed process that we criticized Democrats for,” Mr. Lee said.
Republicans criticized its size and excoriated Democrats for rushing the bill through Congress before all its details were known.
“Before Congress changes health care as the American people know it, we must know the likely consequences of the House Democrat legislation,” Mr. Ryan wrote in a letter to CBO at the time.
Shades of Nancy Pelosi
I guess we have to pass the bill to find out what’s in it and what it will cost.
We do not know what the goal is, but we know what it isn’t.
Asked if the bill would raise the budget deficit, Health and Human Services Secretary Tom Price responded that it “isn’t the goal”.
Earlier today I commented on Republican Debt Ceiling Shenanigans.
This Obamacare replacement fiasco is further proof the fiscal hawk conservatives of the prior eight years are nothing but a pack of hypocrites now that they are in power.
Mike “Mish” Shedlock