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The Republican plan would cause 24 million Americans to lose their health insurance, cut Medicaid by nearly $900 billion and take away key financial support from working Americans to give tax cuts to wealthy corporate executives.
In 2015, Congress agreed to allow the Treasury to raise the money necessary to pay all the bills for our government’s spending obligations. That agreement will expire on March 16th, 2017 and barring Congressional action, the United States will immediately breach the debt ceiling, forcing Treasury to resort to “extraordinary measures” to prevent a default.
These state economic snapshots survey the economic situation on the ground in all 50 states and the District of Columbia. Although the U.S. economy overall continues its expansion from the Great Recession and associated financial crisis, the recovery can look very different from state to state, and even county to county. While some areas of the country have surged ahead, some regions are still struggling to regain their economic footing.
President Trump has promised an infrastructure overhaul in the United States, assuring Americans in his recent address to Congress that “crumbling infrastructure will be replaced with new roads, bridges, tunnels, airports and railways gleaming across our beautiful land.” Yet, now more than 50 days into his Administration, there is still no plan.
In celebration of Women’s History Month, a collection of charts and data highlighting the economic importance of women in the labor force.
Following the rollout of the disastrous Republican plan to gut the Affordable Care Act and take health insurance away from millions of Americans, the Joint Economic Committee Democrats today released a “GOP Health Care Plan Scorecard” with evaluations by a group of distinguished economists assessing the magnitude of the harm caused by the bill. Economists examined how the GOP plan would affect access to coverage, the affordability of care and the quality of coverage.
Medicaid provides an essential lifeline to around 70 million Americans who would otherwise be unable to afford health care and plays an essential role in containing overall costs in America’s health system.[i] The Republican plan would gut $370 billion from the Medicaid program over 10 years, putting mothers, children, and the elderly at risk of being kicked to the curb and throwing state government budgets out of balance.
We scored the GOP health care plan with opinions from economists. The economists determined the effects of the plan to be disastrous for millions of people relying on care.
After six years and at least 60 votes in the House to repeal the Affordable Care Act (ACA), Republicans are using health care “reform” as a cover to give money to the wealthy and decrease coverage for American families. The so-called “plan” in fact merely cobbles together a handful of conservative pet projects that would put corporate executives back in charge of Americans’ health care system and help the wealthiest at the expense of hardworking American families.