Congresswoman Waters Slams Trumpcare After CBO Report Exposes Disastrous Impacts
Statement
Congresswoman Maxine Waters (CA-43), Ranking Member of the Financial Services Committee, issued a statement after the Congressional Budget Office (CBO) released its report on House Republicans' bill to overhaul our nation's health system, which President Trump is trying to convince Members of Congress to support. Her statement follows:
The CBO report on Trumpcare has proven that President Trump's promise to replace the nation's health system with a universal health plan was just another lie.
Throughout his campaign, Donald Trump promised to repeal Obamacare and replace it with something better, while protecting Medicaid from cuts. As recently as January, Donald Trump promised, "We're going to have insurance for everybody." He also boasted, "We're gonna come up with a new plan that's going to be better health care for more people at a lesser cost." By February, Trump declared, "Nobody knew health care could be so complicated," essentially admitting that when he makes promises about health care, he does not know what he is talking about!
Now he is shamelessly promoting a plan that would cause 24 million Americans to lose their health coverage, while providing a massive tax cut for billionaires.
According to the CBO report, Trumpcare would almost double the ranks of the uninsured by 2026 and cause 14 million people to lose their health coverage in 2018 alone. The bill would also slash Medicaid by $880 billion over the next 10 years. Meanwhile, Trumpcare gives $600 billion in tax cuts to the wealthiest Americans and large corporations, including $2.8 billion to the 400 richest families in America.
After all of Trump's hollow promises, the cruel reality of the Republicans' wretched health bill has been laid bare for all to see. Republicans are handing billionaires a deficit-busting tax break, but pushing 24 million Americans off their health care. For millions and millions of Americans, the Republican bill is a prescription to make you pay more for less.
I will fight to stop this merciless assault on working families with every ounce of my strength.
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