Pallone & Neal Statement on CBO Report for House GOP Health Care Repeal Bill

Statement

Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) and Ways and Means Committee Ranking Member Richard Neal (D-MA) released the following joint statement today after the nonpartisan Congressional Budget Office (CBO) released a report detailing cost and coverage estimates for House Republicans' health care repeal bill:

"Today's CBO report now confirms what we already knew: despite promises that "everyone would be covered' and "no one would be worse off,' this Republican bill would rip away health insurance from 24 million Americans over the next decade and ask millions to pay more for less coverage. Despite warnings from independent experts like CBO and others, Republicans continue to recklessly jam this bill through Congress without so much as a single hearing on what effects their plan will have on middle-class families. This report also reaffirms that the Republican plan does absolutely nothing to control costs or protect consumers. Instead, it guts Medicaid, raises costs on older Americans, and pulls billions of dollars from Medicare, all in order to pay for tax cuts for the rich.

"This is a major step backwards for millions of Americans who now enjoy the benefits and protections of quality health insurance gained under the Affordable Care Act. We strongly urge Republicans to back off their politically-motivated march to sabotage our health care system and instead work with Democrats to strengthen it."

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