Nearly 1 million jobs lost under Houses AHCA: study
The Republican-controlled U.S. Senate has received constant waves of criticism over its secret tinkering with the controversial and widely panned American Healthcare Act (AHCA)—even from President Donald Trump, who reportedly said it was “mean” and asked that it be “more generous.”
Trump’s characterization of the bill, which passed the House of Representatives last month, could very well be correct, and may even affect one of his top campaign promises: boosting the economy and jobs.
A study examining how each state could be affected if it passes the Senate and is written into law, published Wednesday by The Commonwealth Fund, found that by 2026 nearly one million jobs could be lost, state gross domestic products could shrink by $93 billion and businesses could suffer a $148 billion bite.
When the House passed the bill on May 24, critics focused in particular on the Congressional Budget Office’s estimate that 23 million Americans would be uninsured by 2026 and Medicaid would see $880 billion in cuts over the same eight years.
But the new study appears to be focusing directly on the president’s main concern—the economy—one of the few places he’s claimed success after five months in office.
Should the bill be passed this year and enacted in 2018, there would be initial job growth that would gradually taper off. The bill ultimately would result in the loss of jobs in as many as 10 states, according to the study.
http://www.rawstory.com/2017/06/nearly-1-million-jobs-lost-under-houses-ahca-study/
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