Health Secretary Tom Price says it will cover more individuals and lower costs.
RELATED: CBO: 14 million more uninsured next year under GOP plan
Congress' nonpartisan budget analysts projected Monday that 14 million Americans would lose coverage next year under House Republican legislation remaking the nation's health care system. The Congressional Budget says that figure would grow to 24 million by 2026.
But Price says the administration disagrees "strenuously with the report that was put out."
ObamaCare is imploding. It is a disaster and 2017 will be the worst year yet, by far! Republicans will come together and save the day.— Donald J. Trump (@realDonaldTrump) March 13, 2017
Price complained the CBO only looked at the House bill, and not the two other parts of their three-phase plan.
RELATED: 3 key provisions in 'TrumpCare' that concerns some experts
As for the estimate that 14 million people would lose coverage, he says, "It's just not believable is what we would suggest."
The Congressional Black Caucus is calling the Republican health care plan a "disaster" after the release of the Congressional Budget Office's report.
The CBO says 14 million Americans would lose coverage next year under House Republican legislation remaking the nation's health care system. Congress' budget analysts say that figure would grow to 24 million by 2026.
RELATED: : Republican senator says GOP risks losing House majority if health bill approved
Rep. Cedric Richmond is a Democratic congressman from Louisiana and chairman of the Congressional Black Caucus. He says "Republicans need to come up with a plan that actually makes insurance affordable, or work with Democrats to improve the Affordable Care Act."
President Donald Trump backs the GOP plan.
Richmond says the GOP plan will make "health care unaffordable for tens of millions of Americans."
RELATED: Trump budget chief: President is focused on health care, not insurance coverage
To read the CBO full report, click here.
To read more about the Affordable Care Act, click here.