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CALPIRG Report Shows HC Repeal Would Spur Economic Harm



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(Sacramento, CA)
Wednesday, January 12, 2011

The Government watchdog California Public Interest Research Group says the state's economic recovery could be hurt if Congress repeals the health care law it passed last year.

 

The new report shows if Congress were to repeal the health care law, job creation would slow by some 52,000 positions over the next ten years.

 

The CALPIRG report also finds individuals would pay 20 percent more for health care premiums, while almost a half million small businesses would stop receiving health care tax credits. CALPIRG's Austin Price says the findings should give California Congressional members pause.

 

"Before they join this head long rush for repeal in Washington, they ought to look at the consequences in our state and solutions that hold down costs, not increase them," Price says.  

 

Conservative groups, like the Washington based Cato institute, have contested similar findings, saying expanding Medi-Cal will cost California billions of dollars alone.

 

The GOP controlled House of Representatives have vowed to repeal the health care act.

 

A recent Gallup poll shows 46% of Americans want the law repealed, while 40% want it to stand.

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