GOP Obamacare repeal bill betrays key Trump campaign promise

During the 2016 presidential campaign, Donald Trump stumped hard on promises not to touch Social Security, Medicare, and Medicaid. There are about 59 million Social Security beneficiaries in the US now, and Medicare provides health coverage to 56 million, and Medicaid 71 million, including 14 million covered under the Affordable Care Act’s Medicaid expansion.

Trump on Capitol Hill on Tuesday to rally for the Obamacare repeal bill, the AHCA. Source: AP

“I was the first & only potential GOP candidate to state there will be no cuts to Social Security, Medicare & Medicaid. Huckabee copied me,” Trump tweeted in 2015, following up with: “Huckabee is a nice guy but will never be able to bring in the funds so as not to cut Social Security, Medicare & Medicaid. I will.”

He doubled down and kept doubling down, a month later tweeting, “The Republicans who want to cut SS & Medicaid are wrong. A robust economy will Make America Great Again!”

Within the first 70 days days of his presidency, Trump has followed through on another campaign promise, dismantling Obamacare, by promoting a repeal bill. However, the pursuit of that goal has led him to break his promises to fully protect Medicare and Medicaid. The repeal bill makes significant cuts to Medicaid coverage and shrinks Medicare funding.

The AHCA hurts Medicare and Medicaid

Known as the American Health Care Act, the bill would repeal much of the ACA (known as Obamacare) if Congress approves it, including wiping out the Medicaid expansion by removing coverage for an additional 14 million people. This would violate the campaign promise not to cut Medicaid.

On the Medicare side, President Trump, despite numerous promises to save the federal health insurance program for those over 65, is supporting a bill that would strip Medicare of a key funding source, a 0.9% surtax on earnings over $200,000 that would have taken in $117 billion in the next decade. According to the Committee for a Responsible Federal Budget, removing this funding would cause Medicare’s Part A fund, which helps with hospital costs, to be insolvent two years early, in 2023. As a result, it would have to pay out 14% less to providers, potentially crippling seniors’ ability to receive care.

“The overriding law means [Medicare] can’t pay out more than it has in its trust fund. This would spell a major cut,” CRFB Senior Policy Director Marc Goldwein told Yahoo Finance recently. “If providers aren’t getting paid on time or get paid less, it’s hard to imagine this doesn’t at least hurt access if not quality or availability of care for seniors.”