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00:00:00
>> A new report on the Republican health plan shaking up Washington Tuesday, far more than an East Coast snow storm. Its bombshell conclusion that 14 million people would lose coverage in the first year, coming in direct conflict with President Trump's pledge that his health plan will cover all Americans.
00:00:15
>> It's gonna be a thing of beauty.>> The congressional budget office report exposing a divide between Trump's vision and the bill being pushed by house speaker Paul Ryan. David Lauder is following the story.>> While the President certainly has promised insurance for everybody. This report shows that fewer people will have insurance than if Obamacare were to stay in place.
00:00:37
So, that's a big setback for the President.>> According to CBO, the Republican plan will leave 52 million Americans without health coverage within ten years. Trump's White House attacking that estimate as inaccurate.>> The CBO they've a record that doesn't match up with the ability to count people.
00:00:53
They're pretty good at dollars not as good at people.>> Democrats resuming their attack on the bill Tuesday on Capitol Hill.>> They should heed the warning. Turn back from their plan. It would be a disaster.>> But, Ryan so far pushing back hard, saying the report vindicates his promise that the plan would cost less than Obamacare.
00:01:11
CBO finding that the Republican plan would lower taxes and result in less red ink for the government. Some $337 billion over ten years. But, the CBO numbers could put the plan in big trouble in the closely divided Senate. Where moderate Republicans are worried about the millions losing coverage, and where the GOP has little leeway for defections.
00:01:31
>> Many analysts believe that there will be a lot more changes made to the law to make it more palatable. So, what that could mean is if you're gonna add people back to having insurance. That's gonna either increase the cost or you're not gonna be able to have the same kind of tax cuts.
00:01:49
That are contained in this law.>> The CBO report putting further pressure on a party that has so far had a hard time uniting around its signature promise to repeal and replace Obamacare.