Republicans’ latest effort to repeal the Affordable Care Act (ACA) is their worst yet. Graham-Cassidy is even more devastating than the Obamacare Repeal Reconciliation Act (ORRA), which fully repealed the ACA, because it also imposes draconian cuts on the long-standing Medicaid program.
Sep 26 2017
All States Lose Under Graham-Cassidy
All states lose under Graham-Cassidy, the latest Republican attempt to repeal the Affordable Care Act. The new TrumpCare bill replaces Medicaid expansion with an inadequate block grant and imposes drastic cuts on traditional Medicaid through arbitrary caps. And by eliminating Medicaid expansion, the bill denies states that have not expanded Medicaid the option of expanding after 2020.
Republicans’ latest Trumpcare bill advanced by Senators Lindsey Graham (R-SC) and Bill Cassidy (R-LA) may change rapidly in last-ditch efforts to buy votes before the Friday deadline, but the heart of the matter is clear: Graham-Cassidy would devastate America’s health care system by removing protections for pre-existing conditions, reinstating lifetime limits, gutting federal spending on health care, and kicking the biggest consequences down the road to 2027.
Republicans’ latest effort to repeal the Affordable Care Act (ACA) is their worst yet. Graham-Cassidy is even more devastating than the Obamacare Repeal Reconciliation Act (ORRA), which fully repealed the ACA, because it also imposes draconian cuts on the long-standing Medicaid program.
With 70 percent of grant funding for community health centers (CHCs) set to expire at the end of the month, Republicans continue their attempts to repeal the Affordable Care Act (ACA) with the catastrophic Graham-Cassidy proposal, threatening the health care of millions of Americans.
Sep 22 2017
September Economic Snapshot of the States
Although the U.S. economy overall continues its expansion following the Great Recession and associated financial crisis, the recovery can look very different from state to state. The lion’s share of economic gains are not only concentrated at the top of the income and wealth distribution, but also in a small share of regions. While some parts of the country have surged ahead, millions of Americans in urban and rural communities are still waiting for their wages to start rising again and struggling to make ends meet.
The Senate is racing toward a vote next week on Cassidy-Graham—a bill that impacts the health care of millions of people and one-sixth of the economy—without a full Congressional Budget Office (CBO) score, an unprecedented move that defies regular order. A complete score would likely show that the bill would kick millions of people off of their health insurance and raise premiums for working Americans.
Sep 20 2017
Governors Speak Out Against Cassidy-Graham
Governors across the country oppose Senate Republicans’ latest efforts to repeal and replace the Affordable Care Act. Citing concerns ranging from gutting Medicaid, lack of transparency, stripping health care away from millions, passing costs onto states, and severe funding cuts, Governors have serious concerns about the potential impact of Graham-Cassidy on their states and constituents.
Republicans’ last-ditch effort to repeal the Affordable Care Act (ACA), the Cassidy-Graham bill, repeals ACA tax credits that help working Americans afford health insurance. This year, nearly 9 million Americans are receiving an average monthly tax credit of $371, amounting to nearly $4,500 in annual savings. Alaskans stand to lose even more, at $11,700 per year. In eliminating the guarantee of these tax credits, Cassidy-Graham dramatically increases premiums for 84 percent of people on the individual market and threatens to place health coverage out of reach for millions of Americans.
Sep 19 2017
FOMC Meets with Hurricane Impacts in Background
As the Federal Open Market Committee (FOMC), the Federal Reserve’s policy setting arm, meets this week to discuss whether to change the federal funds rate, one new issue it will be considering is the impact of hurricanes Harvey and Irma on near-term economic growth.