On Monday night, the Congressional Budget Office (CBO) finally released their analysis of the Republican Health Care Bill known as the American Health Care Act. Despite the CBO's heavy criticism, House Speaker Paul Ryan did his best to spin the news in favor of the Republican Party.

Ryan on CBO

According to the findings of the CBO, 14 million Americans will lose their health insurance by the end of next year if the GOP bill is signed into law. In regards to the long term impact on health care in the United States, as many as 24 million Americans will lose coverage over the next 10 years, leaving over 52 million people without insurance by 2026.

The news was even worse than expected, with Republicans already struggling to promote the bill in a positive light. Not long after the CBO report was released, President Donald Trump took to Twitter and attempted to deflect to narrative back to Obamacare, but the damage was already done. These issues were discussed during a March 13 segment on Fox News, where Rep. Paul Ryan made interesting remarks about the report in question.

Joining Fox News host Bret Baier on Monday night was Speaker of the House Paul Ryan who didn't appear too concerned with the CBO report. Bair explained that around 24 million people would lose their insurance over the next decade in regards to the GOP health care bill, but Ryan said he was actually "encouraged."

"If you read this entire report, I'm pretty encouraged by it," Paul Ryan said, while adding "It actually exceeded my expectations." Baier appeared confused by Ryan's answer, and went on to ask, "If you’re encouraged by this CBO report, what’s a CBO report you’re discouraged by?"

Conflicting opinions

Paul Ryan argued that the loss in insurance would be mostly due to the elimination of the individual mandate, and that the numbers would be inflated strictly because people would choose not to be insured.

Ryan went on to accuse of CBO of overestimating their predictions, "just like they overestimated who would be insured by Obamacare." While Ryan didn't seem upset by the report, former House Speaker Newt Gingrich lost his cool during his own interview on Fox News, calling the CBO "corrupt" and "dishonest," while calling for the organization to be "abolished."