the BBS Xchange
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  • News Alert: Budget plan would hit the poor

    From CNN Breaking News@VERT to no-reply@siteservices.cnn.com on Mon Nov 27 14:12:20 2017
    Poor Americans would lose billions of dollars worth of federal benefits under the Senate GOP tax bill, according to a new Congressional Budget Office report.

    This is largely because the legislation would eliminate the individual mandate, which requires nearly all Americans to get health insurance or pay a penalty. This would result in 13 million fewer people having coverage in 2027, the CBO found.

    Many of the folks who would forgo coverage would have lower or moderate incomes and would have qualified for Medicaid or federal help paying their premiums or out-of-pocket health expenses, CBO found.

    Read more ...[1]

     

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    [1] http://money.cnn.com/2017/11/27/news/economy/senate-gop-tax-bill-poor/index.html
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    [3] http://cnn.it/EmailFooter-Web
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