Here’s what you should know:
1. Two factors would drive the job cuts — the loss of Medicaid services spending and the loss of federal spending on premium tax credits.
2. News Observer reports the following states would bear the brunt of the job losses for working adults under 65 — Kentucky, Louisiana, Maryland, North Carolina, Washington and West Virginia.
3. A Commonwealth Fund and Washington, D.C.-based George Washington University study estimated 2.6 million Americans would lose their jobs in 2019 if legislators stopped Medicaid expansion and premium tax credits. The study said this figure could expand to almost 3 million people by 2021.
4. Mr. Bivens told the News Observer his figures total less than the aforementioned study as he accounted for possible job gains resulting from legislators getting rid of the ACA’s higher Medicare taxes and the health law’s surcharge on earnings surpassing $200,000.
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