Commentary

Veteran economist sums up Trumpcare bill in six scathing sentences

Jared Bernstein

Jared Bernstein

There are a lot of words and numbers flying across the Internet this morning in the aftermath of yesterday’s finding by the Congressional Budget Office that the GOP Trumpcare proposal will cost 24 million Americans their health insurance coverage over the next decade. Among the best summaries thus far, however, comes from veteran economist Jared Bernstein.

This is from a column Bernstein penned this morning for the Washington Post:

“I can think of no other explanation for this plan than this: Republicans looked out at the country and concluded that the wealthy had too little after-tax income and the poor had too much health care. So, they wrote a bill that transferred about a trillion dollars that would otherwise have paid for Medicaid benefits and subsidies for low-income older persons to the wealthy in tax cuts and the well-off young in lower premium costs, with a bit of deficit reduction thrown in to meet the requirements of the budget process. Poverty policy expert Bob Greenstein told Vox that ‘No legislation enacted in recent decades cut low-income programs this much — or even comes close.’”

For those of you who thought that punishing the poor and rewarding the rich was a caricature of conservative policy, the bill should disabuse you of that impression. Readers of this column know I’m rarely at a loss for words, but I just don’t know what else to say about this. In the pantheon of mean-spirited, greedy, self-serving, inequitable and unjust conservative policy, this bill stands alone.” (Emphasis supplied.)

Check Also

National think tank: Why Raleigh should be among top five Amazon finalists

There are lots of legitimate concerns about Raleigh’s ...

Top Stories from NCPW

  • News
  • Commentary

Nothing is off the table when it comes to Republican judicial reform, and a former Wake County judge [...]

On a cozy autumn evening at the luxurious Umstead Hotel in Cary, a medley of corporate luminaries, s [...]

A fix for North Carolina’s class size crisis in March? A GOP senator from Wake County tells his cons [...]

Back in September, the N.C. Historical Commission put off a decision on removing three Confederate m [...]

Mounting student debt is a nagging problem for most families these days. As the cost of higher educa [...]

Latest racist attacks on immigrants could be an important tipping point As bleak as our national pol [...]

Grand constitutional questions in this country aren’t settled until the Supreme Court has its say, e [...]

The post Gerrymander struck down appeared first on NC Policy Watch. [...]

Upcoming Events

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more