How’s this new administration working out for us?
If you’re like me, answering that question is tough, because it’s hard to separate the fire inside all the smoke.
So let’s just look at just one “fire” — the projected financial impact from the American Health Care Act. The Congressional Budget Office estimates that 24 million Americans will lose health care coverage in the next 10 years. Americans earning more than $200,000 ($250,000 for married couples) will gain $346 billion in tax breaks in the next 10 years. So, that means that for every one of us who loses health care, the highest-income people among us will gain $14,446 over the next decade.
Here are some of President Trump’s pre-election health care promises:
• Insurance for everybody (unless you consider the 24 million to 26 million who are expected to lose coverage).
• No cuts to Medicaid (CBO says AHCA will result in cuts to Medicaid of $880 billion).
