From Economic Policy Institute (EPI) - Trumpcare: A massive tax cut for the super-rich

Before the Affordable Care Act, over 15% of U.S. residents were uninsured. Today, that number is less than 10%. That’s 19.2 million newly insured individuals between 2010 and 2015, including 2.8 million children. One of the important aspects of the ACA is that it has addressed economic inequality by making wealthy individuals and the health care industry pay their fair share in taxes. And in return we’ve expanded health care to millions of low- and middle-income families. The new Republican plan to replace the ACA―Trumpcare―would reverse the progress we’ve made. According to the new score by the Congressional Budget Office, 14 million people will lose their health care in the first year of Trumpcare with another 10 million losing health care by 2026. That’s 24 million people who will lose health care under Donald Trump. We cannot allow Donald Trump and Congress to roll back critical health care reforms at the expense of seniors, people with disabilities and low- and middle-income families―all for a tax cut for the super-rich. Sign the petition to Congress today and tell them to reject Trumpcare. Additionally, Trumpcare would cut taxes dedicated to finance Medicare by at least $117 billion and cut Medicaid by $370 billion. It uses cuts to Medicaid and reductions in subsidies that help people purchase insurance through exchanges in order to give a $465 billion tax break to the wealthy, health insurance companies and the pharmaceutical industry―including a $7 million annual tax break to the wealthiest 400 U.S. households. Currently, 10 million seniors and people with disabilities receive joint Medicare and Medicaid coverage. Medicaid covers the cost of long-term care for over 60 percent of nursing home patients. Trumpcare’s deep cuts to Medicaid will do more than kick millions off of their health care. It will also jeopardize the long-term care of millions of seniors, forcing families to make tough decisions about how to care for loved ones. Sign the petition today and tell Congres to reject Trumpcare―a bill that cuts Medicaid and guts Medicare’s financial base, kicks millions of low- and middle-income families off of their health care, and provides a massive tax break to the super-rich. Together let’s protect the health care of U.S. families and build an economy that works for everyone, not just the wealthy few. Thank you, Josh Bivens Director of Research, EPI Policy Center