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House Leader Kevin McCarthy 'Very Encouraged' by CBO Report

Image: House Leader Kevin McCarthy 'Very Encouraged' by CBO Report
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By    |   Tuesday, 14 Mar 2017 04:30 PM

House Majority Leader Kevin McCarthy, R-Calif., said Tuesday that he was "very encouraged" by the analysis from the Congressional Budget Office of the Republican plan to replace the Affordable Care Act.

"We're repealing the individual mandate, so there are people who do not want insurance that are forced to have insurance that will choose not to have it," McCarthy said on Fox Business Network. "I'm actually very encouraged by the CBO report. One, it lowers the premiums, the biggest concern people have out there. Secondly, that it lowers the deficit. And when you look at the small business confidence just booming, that's because it takes away more than $800 billion of tax burden on them."

He added that the report only concerns the plan's initial phase, with two more to follow.

"People are going to have more choice, prices going to be lower, at the end of the day more people are going to be encouraged to be able to have healthcare under the healthcare they choose to have," he said of the GOP plan's future improvements.

When prompted on how the plan will affect Medicaid, McCarthy said "Medicaid cannot sustain itself, the expansion of Medicaid right now if you look in just the 10-year window will cost us $1 trillion in the tenth year. That's how much we spend on the entire discretionary budget from the military to the CIA to the Department of Agriculture."

According to McCarthy, governors have been calling for more control over Medicaid, "and that's exactly what we're doing." He also said concentrating first on repealing and replacing Obamacare will help tax reform.

"Once we get done with healthcare, and this is what CBO says as well, it's repealing more than $800 billion worth of taxes. Well that lowers the baseline that allows us to do and broaden tax reform, that's where we'll go next once healthcare is done."

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House Majority Leader Kevin McCarthy, R-Calif., said Tuesday that he was "very encouraged" by the analysis from the Congressional Budget Office of the Republican plan to replace the Affordable Care Act.
kevin mccarthy, encouraged, cbo, report
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2017-30-14
Tuesday, 14 Mar 2017 04:30 PM
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