Health and Human Services Secretary Tom Price testifies on Capitol Hill in Washington, Tuesday, Jan. 24, 2017, at his confirmation hearing before the Senate Finance Committee. Price and the Trump administration are critical of the Congressional Budget Office, which will evaluate the GOP’s Obamacare repeal legislation this week. (AP Photo/Andrew Harnik) Andrew Harnik AP
President Donald Trump’s administration “strenuously” disagrees with the Congressional Budget Office’s score of House Republicans’ plan to repeal and replace Obamacare, Health and Human Services Secretary Tom Price said Monday.
The Trump administration has been laying the groundwork for disputing the CBO report for days, pointing to past predictions for coverage under Obamacare that turned out wrong to make the case that the office, which Trump has cited in the past, is unreliable.
The nonpartisan CBO projected that the GOP replacement plan, the American Health Care Act, would insure 24 million fewer Americans than Obamacare by 2026 but reduce the federal deficit by $337 billion in the same span.
According to the CBO, the projected loss in insurance coverage is related mostly to a provision repealing penalties associated with the ACA’s requirement to buy insurance.
Obamacare all of a sudden the last couple of weeks is getting a false rep that maybe it’s OK. It’s not OK,” President Trump said Monday, According to politics “It’s a disaster, and people understand that. It’s failed, and it’s imploding. And if we let it go for another year, it’ll totally implode. In fact, I’ve told the Republicans, ‘Why don’t you just let it go for another year?’ That way everybody will really understand how bad it is.”
Price, who addressed reporters alongside Office of Budget and Management Director Mick Mulvaney, argued that people should compare the CBO projection to what’s actually happening with Obamacare.