The Joint Economic Committee – Minority released a new report today finding that the combination of President Trump’s tariffs and the Republican budget bill will cost the typical firefighter, teacher, truck driver, and other middle class workers hundreds of dollars next year, while the wealthiest Americans will get massive windfalls.
To read the full report click here.
The Joint Economic Committee - Minority released updated data, broken down by state and Congressional District, of the 16 million people who would lose health insurance due to President Trump and Congressional Republicans’ proposed cuts to Medicaid and the Affordable Care Act, after the nonpartisan Congressional Budget Office (CBO) released an updated analysis this week.
The Committee data broken down by state is available here, and the data by Congressional District is available here.
According to the nonpartisan Congressional Budget Office (CBO)’s analysis about legislation released on May 11th by House Republicans, cuts to Medicaid and the Affordable Care Act (ACA) would result in roughly 13.7 million people losing their health insurance by 2034. Using CBO’s analysis and other research, the Joint Economic Committee – Minority calculated initial estimates of the number of people who would lose health insurance in each Congressional District.
The full list of district estimates is available here.
The Joint Economic Committee – Minority calculated new state-by-state data on the number of people who would lose health insurance due to President Trump and Congressional Republicans’ proposed cuts to Medicaid and the Affordable Care Act. The Committee calculations are based on the latest numbers available, including from the nonpartisan Congressional Budget Office (CBO)’s initial analysis released on Sunday evening – which found that cuts to Medicaid and the Affordable Care Act would result in roughly 13.7 million people losing their health insurance by 2034.
Read the full report here
The Joint Economic Committee – Minority released a report today detailing the ways in which the energy tax cuts in the 2022 Inflation Reduction Act help the United States outcompete China, while also lowering costs for families. As the report details, the law has spurred the creation of new jobs and manufacturing facilities here in the U.S., including at factories that produce materials critical to our national security. The report also includes new Committee calculations, which find that a typical household can save up to $1,080 in annual energy costs through the law.
Read the full report here.