Thursday, June 29, 2017






A TOP V.C. EXPLAINS HOW TRUMPCARE WOULD TRADE LIVES FOR TAX CUTS

Understanding the cruel  financial calculus at the heart of the Senate bill.

The Congressional Budget Office, everyone’s favorite nonpartisan federal scorekeeper, is officially out with its analysis of the Senate’s health-care bill, and the results aren’t pretty. An estimated 22 million people would drop or lose insurance coverage over the next decade, with 15 million becoming uninsured in the first year alone. The bill would cut nearly $800 billion from Medicaid, with coverage losses continuing beyond the C.B.O.’s 10-year reporting window. Premiums would spike for the elderly and the poor, who C.B.O. predicts would simply not purchase insurance at all. Deductibles would skyrocket.”

And guess who gets the $541+ billion plus tax cuts over the next ten years....



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