DEVELOPING: CBO Report Projects 24 Million Americans Could Lose Health Insurance Under New Health Care Plan

The Congressional Budget Office on Monday released a much-anticipated report detailing the possible effects of the American Health Care Act, the GOP leadership's plan to repeal and replace the Affordable Care Act.

The CBO projected that as many as 14 million Americans could lose their coverage due to the AHCA in 2018. As the Medicaid changes went into effect, the CBO projects this could rise to 24 million by 2026.

The CBO, along with the Joint Committee on Taxation, estimated that the bill would decrease the federal deficit by $337 billion over the next 10 years.

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Read the complete analysis from the Trump Administration's CBO here.

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