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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.

The Joint Economic Committee – Minority today released a report with new data on Medicaid’s role in combating the opioid epidemic and fentanyl crisis. The report finds that about one million people receive the gold standard for opioid addiction treatment through Medicaid, and that more than 60 percent of these individuals are only eligible for Medicaid through Medicaid Expansion.
The budget resolution passed by House Republicans on February 25 does not include specific policies, and at this stage of the budget process, it is impossible to know how budget reconciliation legislation will be written. However, the House-passed budget requires a minimum of $1.5 trillion in federal funding cuts and requires at least $2 trillion in cuts in order to unlock proposed additional tax breaks for the wealthiest Americans. To help hit those targets, the Republican House Budget Committee laid out a menu of potential cuts, including cutting up to $2.3 trillion from Medicaid – about one third of Medicaid’s projected federal funding over that period.

Given the size of cuts under consideration, and the potential that states would be forced to make additional cuts if federal funding for Medicaid decreases, this analysis from the Joint Economic Committee – Minority lays out what it could mean if Republicans succeed in cutting federal funding for Medicaid by up to one third and distribute those cuts evenly across all populations and geographies. These numbers are not intended to predict precisely what will happen, but rather to help demonstrate the magnitude of the cuts that congressional Republicans may make.
In New Hampshire, Medicaid provides health care for more than 180,000 kids, seniors, people with disabilities, and families. It covers routine preventive care, treatment for chronic conditions, and many other health care services—including medication-assisted treatment for opioid use disorder. Medicaid coverage also helps unemployed individuals access the care that they need to get healthy and start a new job.

Cuts to Medicaid would be particularly detrimental to New Hampshire, in part because these cuts could automatically end Medicaid Expansion under current state law. Medicaid Expansion currently covers more than 60,000 Granite Staters, and new data show that the vast majority of Granite Staters who receive opioid addiction treatment through Medicaid are covered because of Medicaid Expansion.

Analysis by the Joint Economic Committee – Minority details the importance of Medicaid for Granite Staters’ overall health, Medicaid’s role in fighting the opioid epidemic, and that Medicaid access can help Granite Staters join the workforce.
Trump is proposing massive new tariffs—or taxes on imported goods—that will drive up costs for Americans while hurting the overall economy. Despite Trump’s claims that foreign countries pay for tariffs, evidence from Trump’s previous tariffs shows that it was actually domestic importers and American families who faced higher costs after they took effect. If Trump actually imposes his proposed tariffs, economists expect they would cost a middle-class household thousands of dollars per year, and result in billions of dollars in losses for the national economy.
A Republican-led government shutdown would have serious impacts on the U.S. economy. It would reduce economic output and harm consumer confidence as many important government functions would shut down due to lack of funds. Americans would face disruptions to important benefits, many private businesses would have to alter their operations, and federal workers across the country would be furloughed and go unpaid. Congress must act to prevent this avoidable harm to the U.S. economy.
Throughout 2023, both policymakers and advocates warned that the labor force participation rate (LFPR) for women was about to drop. The main reason? Much of the American Rescue Plan’s (ARP) child care funding was slated to expire in September 2023. This “child care funding cliff” was expected to put 3.2 million children at risk of losing child care, which would subsequently cause many women to drop out of the workforce to take care of their kids.

Instead, the LFPR for prime-age women (ages 25 to 54) continued to rise after the funds expired and reached a record high of 78.4% in August 2024. While at first glance this challenges the hypothesis around the funding cliff and women’s LFPR, a closer look at the data by the JEC Dems finds a more nuanced conclusion. Among all prime-age women, those whose youngest kid is under age five saw both the largest increase in LFPR while the child care funds were available, and the largest decrease once the funds expired.