Rep. Correa Declares GOP ACA Repeal an Attack on the Middle Class

Press Release

A new report recently issued by the Milken Institute of Public Health finds that California would lose 333,600 jobs, and nearly a quarter trillion dollars in economic activity as a result of the Republican repeal of the Affordable Care Act. California would lose 89,500 nurses and healthcare providers, but a majority of the losses would occur in industries depended on by the middle class such as construction, real estate, retail trade, finance, and insurance.

Rep Correa said: "The people this repeal hurts are in the 46th District. More than a third of my constituents depend on the ACA for Medicare or Medical, and nearly 50% of the jobs in the 46th are in industries hit hardest by this repeal. If the GOP destroy the Affordable Care Act my constituents will lose their healthcare and their jobs. That is unacceptable."

In addition to significant job loss, California can expect to lose $207,719,000,000 in gross state product, and $6,783,000,000 in state and local taxes from 2019 to 2023. Nationally, as many as 2.6 million jobs stand to be lost in 2019, and a cumulative $1.5 trillion lost in gross state products.

The report was prepared and distributed by the nonpartisan Commonwealth Fund and George Washington University's Milken Institute School of Public Health, and analyzed the economic impact of repealing two of the Affordable Care Acts primary instruments -- the premium tax credit, and the Medicaid expansion.

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