ABC News reports on the latest estimate from the Congressional Budget Office (CBO) on the impacts of the reconciliation budget package that passed the U.S. House by a single fateful vote for every vulnerable Republican including Colorado’s Rep. Gabe Evans, and now awaits an uncertain fate in a more cautious but still GOP-controlled Senate:
The CBO released updated estimates on the legislation as focus turned to the Senate, where a handful of Republican members are expressing concerns about the deficit and changes to Medicaid.
The budget office is projecting 10.9 million more people will be uninsured in 2034 because of changes to health care.
The budget office also estimates the bill will cut taxes by $3.7 trillion and cut spending by $1.2 trillion. The CBO has not yet completed an analysis of the macroeconomic effects of the bill.
And despite all of this pain wilfully inflicted on Americans least able to afford it, the federal deficit is still projected to grow by trillions of dollars over the next decade. This is why fiscal hawks in the Freedom Caucus had to be forcibly corralled into voting for the bill, and why Elon Musk threw a politically costly hissy fit on Monday declaring the bill a “disgusting abomination” due to insufficiently reducing the deficit. At the same time, the Senate is widely expected, even being counted on by desperate stakeholders to roll back the most harmful provisions in the House’s bill–from Medicaid to renewable energy credits that Evans pretended to support before voting to cut them.
Every extent to which the Senate manages to reduce the damage from the House bill renders the so-called “Big Beautiful Bill” more of an “abomination” to the hard right, making the odds of the House being able to stomach the Senate changes that much less likely. At this point, we would not bet our last dollar on final passage by President Donald Trump’s deadline…or ever.
No matter what happens now, one thing can’t be changed: Gabe Evans voted to create 11 million more uninsured Americans, for cuts to renewable energy and food assistance, and to further grow the deficit to give the richest Americans tax cuts. Evans continued to lead the public defense of the bill while under no obligation to do so as a vulnerable freshman. Even if the “huge horrible bill” collapses in a heap, it’s Evans’ legacy now.
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If Gabe is smart he's hoping the Senate tanks the bill. But even then like Pols says, he voted for it.
Gabe was quoted this morning in the Newspaper of Record as trying to suck up to Elon Musk even though Musk has turned on those who voted for the bill.
Gabe said, "We're the party of free thought. We'll get to the point of being able to address some of his concerns about the legislation and what the bill actually does."