Engel Highlights New Report: GOP’s ACA Repeal Would Cost New York 130,700 Jobs in 2019 Alone
Congressman Eliot L. Engel, a top member of the House Energy and Commerce Committee, announced that a new report finds Republicans’ repeal of the Affordable Care Act (ACA) would cause New York to lose 130,700 jobs in 2019 alone, while the U.S. overall would lose 2.6 million jobs.
The report details how the consequences of ACA repeal would reach far beyond the health care system, with considerable costs for state economies.
“This new report shows that ACA repeal wouldn’t just strip away affordable health coverage from millions of Americans. It would also kill jobs and hinder economic growth in New York and across the country,” Engel said.
In addition to job loss, the report analyzes how ACA repeal would affect each state’s economic output. The report finds that repealing the ACA would shrink New York’s economy by more than $89 billion from 2019 to 2023.
“This report confirms that the people of New York simply cannot afford the disastrous GOP plot to repeal the ACA,” Engel said. “Democrats will not stand by and allow Republicans to dismantle the health and financial security of so many hard-working American families.”
The report, prepared by the nonpartisan Commonwealth Fund and George Washington University’s Milken Institute School of Public Health, analyzes the economic impact of the repeal of two specific provisions of the Affordable Care Act: the premium tax credits for individuals in the ACA Marketplaces and the Medicaid expansion.
Engel Statement on House Passage of REINS Act and Midnight Rule Relief Act
Congressman Eliot L. Engel, a leading member of the House Energy and Commerce Committee, issued the following statement in response to this week’s House passage of the REINS Act and the Rule Relief Act:
“To hear House Republicans tell it, clean air, safe consumer products, worker protections, and useful medicines have made America less competitive. All the REINS Act and the Rule Relief Act would do is destroy the progress we made under President Obama while making it impossible to keep our drinking water clean, or to protect our supermarkets from contaminated food, or to keep our worksites safe.
“The USDA, OSHA, and EPA are not ‘job killers.’ They’re life savers. That is why I will continue to oppose both of these bills, along with coming attacks on the Affordable Care Act, Social Security, Medicare, the Paris Climate Agreement, and the many other advances we’ve made in the last 8 years.”