Mike Pence is making some big promises for the replacement & repeal of the Affordable Care Act. Here’s what he said in Milwaukee this afternoon and why it increases the pressure on the Senate:
Promise: “A new tax credit to help you buy the insurance you need at a price you can afford.”
The Fine Print: It means that the Senate will have to seriously beef up the House bill’s tax credits, which would have left low-income 64-year-olds paying net premiums of as much as $16,100 per year, according to the Congressional Budget Office.
Promise: The bill will “strengthen and reform Medicaid to help the people who truly need it the most.”
The Fine Print: The Senate may moderate the House bill’s Medicaid cutbacks, but it’s still going to end the ACA’s Medicaid expansion & limit federal spending — so they could easily face headlines about low-income people who did not get the care they needed.