Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) today released the following statement in response to the new Congressional Budget Office report on the effects of the Republican bill to repeal the Affordable Care Act:
“The nonpartisan Congressional Budget Office confirms what we knew all along: the Republican bill to repeal the Affordable Care Act would result in millions of Americans losing their health care – an astonishing 52 million people would be uninsured by 2026. Republicans are prioritizing tax breaks to the wealthy over the health of millions of Americans.
“Under their bill, Republicans would slash Medicaid funding by $880 billion over 10 years, a program that has been a lifeline to millions of Americans with limited resources – over 600,000 people in Nevada alone. And it doesn’t end there. Seniors will have to pay more for their health care because no thanks to the Republican plan, their premiums will skyrocket just because of their age. Hospitals in our rural communities would undoubtedly be forced to make layoffs and job cuts, increasing costs and decreasing care in some of our most vulnerable communities.
“Rest assured, the Republican bill to repeal the ACA is an ill-conceived proposal that will do nothing to improve our current health care system. We must work together to improve the existing law – not find another excuse to give tax cuts to the wealthiest while hardworking families face the threat of losing their healthcare coverage.”