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4:51Now PlayingRed state of Ohio is set to lose 51,000 jobs and $5.3 billion all thanks to Donald Trump's bill and Republicans allowing critical subsidies to expire, as many other states face consequences of GOP spending law phasing in. John Iadarola and Tory Shulman break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Red state set to lose 51,000 jobs and $5.3 billion thanks to Trump
"Ohio will lose 51,000 jobs and $5.3 billion from the state economy in 2029, according to a new analysis.
That’s the effect that cuts to Medicaid and food assistance under a massive 2025 spending law will have when they’re fully phased in. It’s also the consequence of Republicans allowing Affordable Care Act subsidies to expire at the end of the last year, according to a Commonwealth Fund analysis which was published last week.
Those losses come despite $200 million in rural health money Ohio will get from a fund that Republicans built into the spending bill. The measure was meant to quell concerns that Medicaid cuts could close rural hospitals, the analysis said."
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260623__DR07_Ohio_Loses
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