Congressional Budget Office

Recent Posts

Tax bill eliminates health insurance mandate, but CT may impose its own

WASHINGTON – As Congress is about to vote on a tax overhaul that will gut the Affordable Care Act’s mandate that most Americans have health insurance, a number of states, including Connecticut, may consider a state-based penalty to encourage people to obtain coverage. Continue Reading →

Filed under: , , , , , , ,

Covered at the job? Obamacare repeal could change your plan — or end it.

WASHINGTON — Most Connecticut residents receive health care coverage through their employers – but that doesn’t mean they won’t feel an impact if congressional attempts to repeal and replace Obamacare succeed. They could lose coverage, face higher premiums or a loss of benefits, analysts say. Continue Reading →

Filed under: , , , , , , ,

Federal auditors say 22 million additional uninsured under Senate health bill

WASHINGTON — Federal auditors determined the Senate plan to replace and repeal the Affordable Care Act would result in 22 million additional uninsured people by the year 2026. Opponents like Sen. Chris Murphy, who called the bill a “humanitarian catastrophe,” seized on the Congressional Budget Office analysis as new ammunition in their fight to kill the legislation. Continue Reading →

Filed under: , , , , , , ,

CBO: GOP health bill’s impact on CT, other states would vary widely

WASHINGTON — An analysis of the likely impact of the final House GOP bill to repeal and replace the Affordable Care Act says it would leave an additional 23 million uninsured by 2026 and reduce the federal deficit by $119 billion over the next decade. Continue Reading →

Filed under: , , , , , , ,

CT Dems say CBO report shows GOP health plan should be scrapped

WASHINGTON — As soon as the Congressional Budget Office released its long-awaited report Monday afternoon on the impact of the GOP’s American Health Care Act, Connecticut Democrats joined party colleagues in saying the analysis proved the health plan should be scrapped. The CBO estimated the American Health Care Act would result in 24 million Americans losing their health insurance. Continue Reading →

Filed under: , , , , , , ,

U.S. House approves terrorism risk insurance

Washington – To the relief of the property and casualty insurance industry, the House on Wednesday approved legislation that would reauthorize a program that serves as a backstop for insurers when they are faced with large claims resulting from a terrorist attack. Continue Reading →

Filed under: , , , , , , ,