Tuesday, December 13, 2016

The Obamacare Economy: More Jobs (+15M), Rising Middle Class Incomes (+$3K), Lower Deficit (-2/3rds)

"The Republican Repeal Plan would deliver a massive tax cut to the wealthy at the expense of workers and small businesses, who would lose access to valuable tax credits that help make coverage affordable. All told, the Republican Repeal Plan would cause nearly 30 million people to lose their health coverage by 2019, and it would leave states, cities, and counties with a huge new bill for uncompensated care. Of course, the Republican assault on Obamacare also threatens to eliminate basic protections against insurance company abuses, reopen the Medicare donut hole, and shorten the life of the Medicare trust fund. Each and every one of those points should be highlighted in the weeks ahead."