Quantcast
Viewing all articles
Browse latest Browse all 44

Economics Daily Digest: GOP health care plans, HAMP, jobs report

By Rachel Goldfarb, originally published on Next New Deal

Click here to subscribe to Roosevelt First, our weekday morning email featuring the Daily Digest.

Under GOP Plan, Pay More for Junk Insurance, Leave More Uninsured (The Hill)

Roosevelt Institute Senior Fellow Richard Kirsch breaks down the Republican plan for replacing the Affordable Care Act, which he says will allow barebones high-cost plans instead of real coverage.

It's easy to be cynical about the Republican plan, because the political blowback if it were implemented would be massive. But one other provision in the plan just underlines that cynicism. The plan keeps the $700 billion in Medicare cost reductions that the GOP made the centerpiece of their campaign ads attacking ObamaCare in the 2010 and 2012 elections.

All this in the hope that five Supreme Court justices can be convinced to make a politically motivated ruling in the King v. Burwell case. The thinking is that if Republicans can show some alternative to the ACA, the five conservative justices will be more willing — despite overwhelming, settled judicial practice by the court — to overturn the section of the ACA that provides tax credits to the more than 9 million people who get coverage from insurance purchased through the federal exchange. Cynicism anyone?

Follow below the fold for more.


Viewing all articles
Browse latest Browse all 44

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>