The effects of a repeal of ACA

[stpioc]

Hmm..

A repeal of the Affordable Care Act, or Obamacare as it is popularly known, could reduce job growth by almost 1.2 million in 2019, according to a new report from the Economic Policy Institute. Although Republicans, who voted in favor of a repeal, say that cutting taxes associated with Obamacare would stimulate the economy, the report found that cuts for the ultra-wealthy are simply not enough, and would actually slow economic growth. 

The job losses would be the result of a reduction in low-income and middle-income Americans’ disposable income. When Americans don’t have to pay higher subsidies and out-of-pocket health care expenses, they tend to spend more. More than three-fourths of the jobs gained by the expansion of Medicaid were not in the health care sector.

Report: Obamacare repeal could cost the United States 1.2 million jobs