According to the Congressional Budget Office (CBO), Senate TrumpCare will cut $772 billion in Medicaid over the next decade by ending federal support for Medicaid expansion and imposing arbitrary spending caps, ultimately cutting the program by over a quarter in 2026. Recently, CBO estimated that the Senate bill would cut the Medicaid program by 35 percent in 2036. If their proposal becomes law, Republicans would end the Medicaid program as we know it, shifting the financial burden onto states and families.
With GDP growth of just 1.4 percent in the first quarter of 2017, the TrumpEconomy is falling far short of promised outcomes. The economy will need to average 3.5 percent growth for the remaining 3 quarters of the year to even hit Trump’s least outrageous growth prediction of 3 percent—a feat we have not managed since 2014.
Jul 10 2017
$45 Billion For Opioid Treatment Falls Far Short
In order to garner support for the Senate TrumpCare bill, Senate Leader McConnell is rumored to buy votes with $45 billion in funding to go towards treating the opioid epidemic. Every dollar counts, but $45 billion doesn't even undo the damage caused by this bill. Even Ohio Republican Governor told Senator Rob Portman, $45 billion for opioids treatment is “like spitting in the ocean—it’s not enough.”
Jul 07 2017
President Trump Job Tracker June 2017
To keep tabs on the current administration’s jobs numbers, a comparison between the June jobs report under President Trump and the average jobs report in the late 1990’s.
Throughout his campaign, President Trump made bold promises on economic growth. The final number for the first quarter came in yesterday, and the President has a long way to go if he wants to meet his promises. GDP grew at a 1.4 percent annual rate in the first quarter, more than half a point lower than the average over the last seven years.
JEC Democratic Staff Analysis based on data from the Robert Wood Johnson Foundation to show deductible increases under Senate TrumpCare bill.
Instead of focusing on improving health care delivery in rural America, Senate Republicans passed a bill that will only make it harder to access affordable, quality health services in rural communities across the country.
State-by-state graphics showing how many jobs each state would lose under TrumpCare with comparisons to state industries.
Jun 26 2017
CBO Explainer: Better Care Reconciliation Act
Joint Economic Committee Democrats released an overview of today’s non-partisan Congressional Budget Office (CBO) score of the Senate TrumpCare bill, which finds that 22 million people will lose insurance by 2026 compared with the current law. The summary explains what the CBO analysis of the Senate TrumpCare bill would mean for Medicaid enrollees, older and low-income Americans, and those with substance abuse disorders and pre-existing conditions.
Jun 26 2017
Largest Tax Cuts Go to the Wealthy
Under Senate TrumpCare, a 60 year old making $42,330 would lose their entire tax credit for health insurance. In West Virginia, that would be a loss of over $6,600, while in Alaska it would be a loss of almost $18,000.