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H.R. 1628, Better Care Reconciliation Act of 2017 1 (June 26, 2017)

handle is hein.congrec/cbo3629 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                            COST ESTIMATE

                                                                   June 26, 2017



                                 H.R.   1628
                   Better Care  Reconciliation   Act of 2017

              An Amendment   in the Nature of a Substitute [LYN] 7343]
   as Posted on the Website of the Senate Committee on the Budget on June 26, 2017


The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT)
have completed an estimate of the direct spending and revenue effects of the Better Care
Reconciliation Act of 2017, a Senate amendment in the nature of a substitute to
H.R. 1628. CBO and JCT estimate that enacting this legislation would reduce the
cumulative federal deficit over the 2017-2026 period by $321 billion. That amount is
$202 billion more than the estimated net savings for the version of H.R. 1628 that was
passed by the House of Representatives.

The Senate bill would increase the number of people who are uninsured by 22 million in
2026 relative to the number under current law, slightly fewer than the increase in the
number of uninsured estimated for the House-passed legislation. By 2026, an estimated
49 million people would be uninsured, compared with 28 million who would lack
insurance that year under current law.

Following the overview, this document provides details about the major provisions of this
legislation, the estimated costs to the federal government, the basis for the estimate, and
other related information, including a comparison with CBO's estimate for the House-
passed act.

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