The Congressional Budget Office has warned that 32 million Americans would become uninsured over the next decade if Obamacare is repealed without an alternative in place. Seventeen million would become uninsured next year alone. The analysis also found the cost of a medical insurance policy would increase 25 percent next year and double by 2026. We speak with David Cay Johnston, Pulitzer Prize-winning investigative reporter and founder of DCReport.org.
This is a rush transcript. Copy may not be in its final form.
NERMEEN SHAIKH: The Republican-controlled House Budget Committee approved its 2018 budget resolution on Wednesday. It would slash welfare spending, gut financial regulations and rewrite the tax code to favor the wealthy. The budget would also slash funding for Medicaid and Medicare over the next decade. In addition, the Republican budget would add another $30 billion to Trump’s record-setting $668 billion request for Pentagon spending. The resolution passed along party lines, but the budget faces opposition from both moderate and conservative Republicans. This is Budget Committee Chair Diane Black.
REP. DIANE BLACK: Our budget this year is set to increase the spending for our military, because we know that the military has been decimated over the last eight years. And with all of the additional threats that we have around the world, we need to make sure that our military is ready and that we’re defending — we’re making sure that our men and women that are serving have what they need to serve. We are looking at this being a vehicle for doing tax reform, which is obviously one of the things that all Americans are looking forward to — a fairer, simpler and flatter tax code.
AMY GOODMAN: Meanwhile, the Congressional Budget Office has warned 32 million Americans will become uninsured over the next decade if Obamacare is repealed without an alternative in place. Seventeen million would become uninsured next year. The analysis also found the cost of a medical…