WASHINGTON (ABC NEWS) – The senate considers moving forward with plans to repeal Obamacare.
The new estimates are in and the non-partisan Congressional Budget office is projecting millions of uninsured Americans.
Earlier this month, House Republicans narrowly passed their version of the bill. But now the CBO report is complete. And it estimates that in its current state, the bill would reduce the federal deficit by $119 billion over the next decade but also leave $23 million more people uninsured.
The likely effects even more dire for people with pre-existing conditions and senior citizens. The non-partisan CBO estimates a 64-year-old making roughly $26,000 in some states could see his or her premiums climb nearly $12,000 or more.
The AARP in a statement condemning the plan, for the, “devastating impact the bill would have on older Americans by imposing an age tax, and hiking costs for those who can least afford them, eroding seniors’ ability to live independently.” But the head of the senate republicans said he’s committed to repeal and replace, regardless of what the CBO said.
Mitch Mcconnell, R-Kentucky, said “It’s a technical, procedural step. Beyond likely reiterating things we already know, the updated report will allow the senate procedural to move forward.”
The bill faces an uphill battle in the senate and some moderate republicans, like Susan Collins, are expressing doubts as well, calling instead for a bipartisan solution.