Wednesday, January 4, 2017

BUDGET HAWK WARNS ON OBAMACARE REPEAL

The Committee for Responsible Government ,which advocates for cuts in social spending, says that the Repeal of Obamacare would cost $350 billion over 10 years. 

The group broke down the bill and said there would be no funds for replacement. They said that repeal would cost $1.1 trillion over 10 years because they would have to restore ACA cuts to Medicare and Medicaid.

By eliminating the individual mandate ,15 million would lose their health insurance. They also said there would be an increase in everyone's insurance rates.

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