CalWatchdog Morning Read – December 29

by CalWatchdog Staff | December 29, 2016 8:53 am

Good morning! TGIT. Republicans in Washington appear poised to repeal the Affordable Care Act, better known as Obamacare, some time after Donald Trump is sworn in as president.

With premiums on the rise and consistently poor polling, repeal is music to the ears of many, as evidenced by every federal election since the measure was passed in 2010. But California would suffer major economic consequences if Congress repeals the ACA without an adequate replacement, according to a new study[1] by the UC Berkeley Labor Center. 

A partial repeal (as a full repeal still seems out of reach) would cause Californians to lose hundreds of thousands of jobs, billions of dollars in annual federal funding and kick millions out of coverage. Some of the losses would be offset by gains elsewhere, but it’s impossible to give a complete analysis of the offsetting effects without Republicans’ replacement plan.

CalWatchdog[2] has more. 

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