Seth Meyers + John Oliver on how Trumpcare will kill many Americans
On Monday the US Congressional Budget Office report on Trumpcare — the replacement for the health insurance system that the Obama Administration proposed for Americans without employer provided health insurance — estimated 14 million people losing insurance in the first year 2018 and 24 million by 2016, with premiums soaring for older, lower-income Americans. The CBO says Trumpcare would cut the annual budget deficit about $30 billion a year in a $19 trillion economy.
Last January, days before Donald Trump became president, he said in an interview that he was nearing completion of a plan to replace President Obama’s signature health-care law with the goal of “insurance for everybody."
The Los Angeles Times reports that among those hit the hardest under the current House bill are 60-year-olds with annual incomes of $30,000, particularly in rural areas where healthcare costs are higher and Obamacare subsidies are greater. In nearly 1,500 counties nationwide, such a person stands to lose more than $6,000 a year in federal insurance subsidies. Ninety percent of those counties backed Trump, the analysis shows.
And 68 of the 70 counties where these consumers would suffer the largest losses supported Trump in November.
The billionaire champion of poor whites is going to be responsible for the premature deaths of older supporters — in effect killing them.
The New York Times says that two of the biggest tax cuts in Republican proposals to repeal the Affordable Care Act (Obamacare) would deliver roughly $144 billion over the coming decade to those with incomes of $1 million or more, according to a congressional analysis.
People making $200,000 to $999,999 a year would also get sizable tax cuts. In total, the two provisions would cut taxes by about $274 billion during the coming decade, virtually all of it for people making at least $200,000, according to a separate assessment by the committee.
Seth Meyers takes a closer look at Trump's outlandish claims on wiretapping and the Republican plan to repeal and replace Obamacare.
The Republican health care bill could leave many Americans without affordable coverage. Last Week Tonight's catheter cowboy returns to morning cable news to explain that to Donald Trump.
March 15, 2017: Seth Meyers takes a closer look at President Trump's claims on wiretapping and the new Republican health care plan.