Wyden statement on Congressional Budget Office news on individual mandate repeal

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after a letter from CBO indicating recently proposed measures to stabilize the individual health insurance market would not impact the estimated 13 million more uninsured Americans and 10 percent premium increases associated with repealing the individual mandate:

“It is now crystal clear that if Republicans repeal significant parts of the Affordable Care Act to hand even more benefits to multinational corporations and the wealthiest, Americans’ health care will be devastated by hemorrhaging coverage and skyrocketing premiums regardless of any narrow measures Republicans push to try and soften the blow.” Wyden said.