AHCA Could Cost as Many as 1.8 Million Jobs by 2022
March 24, 2017
March 24, 2017
WASHINGTON, March 24 -- The Economic Policy Institute issued the following news release:
The American Health Care Act (AHCA) drastically cuts spending on Medicaid and subsidies to help people purchase health insurance, while cutting taxes that disproportionately fall on higher-income households. Because low- and moderate-income households tend to spend a much higher share of their disposable income, the overall effect of the AHCA would be less spending and lower aggregate demand a . . .
The American Health Care Act (AHCA) drastically cuts spending on Medicaid and subsidies to help people purchase health insurance, while cutting taxes that disproportionately fall on higher-income households. Because low- and moderate-income households tend to spend a much higher share of their disposable income, the overall effect of the AHCA would be less spending and lower aggregate demand a . . .