A House bill repealing the Patient Protection and Affordable Care Act of 2010, if passed, would add 32 million nonelderly people to the uninsured ranks in 2019, leaving 54 million nonelderly uninsured, according to a rough estimate by the Congressional Budget Office. As a result, 83% of legal nonelderly residents would have insurance coverage in 2019, compared with an estimated 94% under current law, the CBO estimated in a letter to newly seated House Speaker John Boehner (R-Ohio).
Reform repeal would boost ranks of uninsured: CBO
The CBO also said the House bill, introduced Wednesday by Rep. Eric Cantor (R-Va.), would increase the federal budget deficit by about $145 billion in the years 2012-2019. The effects of the House bill on discretionary spending is uncertain as much of the discretionary money spent under the laws enacted in March also would be spent absent passage of the law, the CBO said of the Repealing the Job-Killing Health Care Law Act.
The letter also noted that the House bill would reverse the expected effects of the healthcare overhaul bill on the federal budgetary commitment to healthcare. The CBO had estimated that the reform laws passed in March would increase the federal budgetary commitment to healthcare by about $400 billion in 2010-2019 but would then decrease its commitment to healthcare in the following decade.
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