Repeal of the Affordable Care Act is already the topic of controversy for many reasons: how many people could end up uninsured, depending on how the ACA is repealed; how much people will end up paying for coverage; what might replace it in providing coverage; and how effective the replacement might be.
But there's another aspect of the dispute that hasn't gotten a lot of attention yet: how many jobs the repeal will cost.
And according to a report from the Economic Policy Institute, in 2019 the tally will be 1.2 million in every state in the country. The report looks at the effects of cuts to both spending and taxes that would occur under a full repeal, which would include cuts in federal spending nationwide by roughly $109 billion in 2019 and in taxes by roughly $70 billion in 2019.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
