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| Topic | The GOP health bill is good for economic activity, but only in the short term |
| Balrog0 06/14/17 4:44:14 PM #1: | http://www.commonwealthfund.org/publications/issue-briefs/2017/jun/ahca-economic-and-employment-consequences The AHCA would raise employment and economic activity at first, but lower them in the long run. It initially raises the federal deficit when taxes are repealed, leading to 864,000 more jobs in 2018. In later years, reductions in support for health insurance cause negative economic effects. By 2026, 924,000 jobs would be lost, gross state products would be $93 billion lower, and business output would be $148 billion less. About three-quarters of jobs lost (725,000) would be in the health care sector. States which expanded Medicaid would experience faster and deeper economic losses. --- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard! |
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