PAUL RYAN: The CBO report 'actually exceeded my expectations'
Fox News
In an interview with Fox News' Bret Baier, Ryan sought to downplay that the report that showed 24 million more could be uninsured under the AHCA. He argued the estimates were better than he expected.
"If you read this entire report, I'm pretty encouraged by it and it actually exceeded my expectations," Ryan said.
The House Speaker also immediately cast doubt on the estimates for the number of uninsured. He also said the reason the uninsured rate would increase is because the repeal of the ACA's individual mandate, which he said would get people - willingly - out of the market.
"Of course they're going to suggest that if we don't make people do something they don't want to do, they're not going to do it," Ryan said.
The CBO report also showed that due to the AHCA's adjustment in tax credits given to consumers, the number of people that would drop out of the individual health insurance market - the market for those without coverage through their employer or the government - would eventually cause premiums to decrease after 2019.
"What I'm encouraged with is once our reforms kick in what the CBO is telling us is it's going to lower premiums, it's going to lower premiums 10%," Ryan said. "It stabilizes the market, it's a $1.2 trillion spending cut, a $883 billion tax cut, and $372 billion in deficit reduction."
The CBO said that it projected the market would be stable under the current ACA system and the AHCA.
Health and Human Services Secretary Tom Price and Office of Management and Budget director Mick Mulvaney also attacked the report on behalf of the Trump administration after it was released.
Watch Ryan's comments below:
.@SpeakerRyan: "If you read this entire report, I'm pretty encouraged by it and it actually exceeded my expectations." #SpecialReport #AHCA pic.twitter.com/3JQWVugSkC
- Fox News (@FoxNews) March 13, 2017
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh