The Congressional Budget Office ( CBO) will issue a report today about the Obamacare health replacement law prepared by Republican leaders of the House of Representatives. Trump's Cabinet members are questioning, however, the credibility of the agency to study the costs of the new health bill.
White House budget director Mick Mulvaney said that he loves the CBO staff. He said they are hard working. But he believes they are simply not the best people to estimate the effect of such a huge bill.
White House National Economic Council Director Gary Cohn pointed that the CBO has given wrong estimates in the past.
CBO estimated in 2013 that 22 million Americans would be buying insurance through the exchanges in 2016. It turned out that by middle of 2016, only 10.4 million people signed up. The Said figures came from the Department of Health and Human Services.
The White House is worried that the CBO report may influence views on the replacement health bill. Democrat representatives are already strongly against the bill. Some Conservative Republican lawmakers said they also do not agree with the proposed bill in its current form, including Senator Tom Cotton.
President Trump has called Obamacare a disaster. He made it a top campaign promise to do away with it and replace it with a better health law. He believes that the
new proposal by Republican leaders is the better law.
