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00:00:00
>> The US Congressional Budget Office on Wednesday set to release its highly anticipated score of the American Health Care Act, the House Republicans' bill aimed at repealing and replacing Obamacare. The CBO report could represent a green light for Republicans or a possible roadblock that Democrats can seize on as the Senate works to write its own version of the legislation.
00:00:24
Reuters healthcare correspondent, Yasmeen Abutaleb.>> The most important thing, logistically speaking, is that the bill is found to reduce the federal deficit by, at least, $2 billion. That's how Republicans can ensure they're still able to do this process through reconciliation, which means they only need a simple majority in the Senate, instead of the 60 votes that usually needed to pass legislation.
00:00:47
So as long as it does that, they can still move forward with this reconciliation process and it's not expected to be a big problem because an earlier version of the same bill saved around $300 billion.>> The bill was passed->> Earlier this month House Republicans came under a harsh criticism for passing the legislation without knowing the CBO score, and in some cases without reading the whole bill.
00:01:09
The CBO report raises the stakes for Senate Republicans as the score will also provide an updated number for how many millions of Americans will lose their insurance.>> The standard has just started the process of writing its own version of the healthcare bill. It has said it's starting from scratch and they'll take ideas they like from the House bill and the CBO will be a big part of that.
00:01:31
They'll be able to see from the score what parts of the House bill they maybe wanna keep, what parts will lead to the biggest drops in the uninsured and that they'll have to fundamentally rework and it also will let them know what constraints they're working within.>> There is no collusion.
00:01:45
>> One constraint already slowing the Senate's effort to rework the bill has been the sheer number of scandals that have emerged from the White House.>> It's consumed a lot of the time of offices of the Senators in responding to the sort of drama from the White House and they say they've pressed ahead with healthcare legislation but inevitably they're distractions and they slow them down.
00:02:06
So I don't think there is far long as they'd like to be.>> Without objection.