TrumpCare’s funding for high-risk pools falls short by at least $200 billion over 10 years (a conservative estimate, assuming very small pools).
U.S. Treasury Secretary Steven Mnunchin recently claimed long-term economic growth will pay for the cost of President Trump’s proposed tax reform plan. This claim relies on using so-called “dynamic scoring,” a tactic long exploited by Republicans to justify not paying for immense tax cuts. However, dynamic scoring methodologies can lead to wildly different estimates that often underestimate how much these tax cuts increase the budget deficit.
May 05 2017
President Trump Job Tracker April 2017
To keep tabs on the current administration’s jobs numbers, a comparison between the April jobs report under President Trump and the average jobs report in the late 1990’s.
May 03 2017
The Retirement Crisis
Joint Economic Committee Democrats released a fact sheet today on the state of retirement in the United States as Republicans attempt to pass Congressional Review Act legislation making it harder for Americans to save for retirement. Far too many workers do not have access to a retirement savings plan through their employer and many earn too little to save. The fact sheet details that more than 30 percent of workers do not have access to retirement benefits through their employer, and nearly 70 percent of the lowest-paid workers do not have access to a retirement plan.
Joint Economic Committee Democrats released a fact sheet today on the state of retirement in the United States as Republicans attempt to pass Congressional Review Act legislation making it harder for Americans to save for retirement. Far too many workers do not have access to a retirement savings plan through their employer and many earn too little to save.
Graphics providing information on cost increases for essential health benefits under TrumpCare.
May 03 2017
Reports on the Dangers of TrumpCare
Joint Economic Committee Democrats released three reports on the dangerous threats TrumpCare poses to Americans across the country. The findings in these reports conclude that the latest Republican bill would make it harder for rural Americans to obtain health insurance; cut funding used for the treatment of substance use disorders (SUDs); and limit access to and increase costs for mental health services. The reports, “Rural Americans Lose Bigly Under TrumpCare,” “TrumpCare Undermines Fight Against Opioid Epidemic,” and “TrumpCare Reverses ACA Gains for Mental Health,” outline how millions of Americans would lose under TrumpCare.
Republicans are trying to revive a health care bill that would be a disaster for seniors, children, and millions of hard-working American families. What’s worse — the latest version of TrumpCare would take away protections from millions across the country with pre-existing conditions.
Republicans aren’t waiting for the nonpartisan Congressional Budget Office (CBO) to tell the American people how TrumpCare is a disaster, but instead appear to be pushing ahead without a score. Without a CBO score, Americans won’t know just how bad TrumpCare could be for them.
Matt Fiedler of the Brookings Institution writes that the new AHCA amendment could “seriously jeopardize both financial security and access to care for people with serious illnesses.”