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Obamacare repeal would blow out the deficit - Jun. 19, 2015
The report, from the nonpartisan Congressional Budget Office, flies in the face of Republicans who have repeatedly claimed that the United States can not afford Obamacare. The report also finds that repeal of the Affordable Care Act would result in 19 million individuals losing their health insurance as early as next year and an estimated 24 million by 2020.
The report does find that the ACA is a drag on the economy, although not for the reason that most Conservatives might suspect (e.g. Employers trying to cut costs by not hiring). Instead, the primary source of the drag on the economy is the prediction that fewer individuals will choose to join the workforce if they are able to obtain access to affordable health care without working.
What are you thoughts on the report? And assuming that the Supreme Court upholds the legality of the ACA subsidies supplied to federally run exchanges (as most legal experts predict), what types of suggestions would you make for improving the law?
The report, from the nonpartisan Congressional Budget Office, flies in the face of Republicans who have repeatedly claimed that the United States can not afford Obamacare. The report also finds that repeal of the Affordable Care Act would result in 19 million individuals losing their health insurance as early as next year and an estimated 24 million by 2020.
The report does find that the ACA is a drag on the economy, although not for the reason that most Conservatives might suspect (e.g. Employers trying to cut costs by not hiring). Instead, the primary source of the drag on the economy is the prediction that fewer individuals will choose to join the workforce if they are able to obtain access to affordable health care without working.
What are you thoughts on the report? And assuming that the Supreme Court upholds the legality of the ACA subsidies supplied to federally run exchanges (as most legal experts predict), what types of suggestions would you make for improving the law?