This is in addition to all of the terrible medical consequences.
The income lost by businesses & individuals would lead to $12.2 billion in reduced state & local tax revenuesState GDPs will fall by $154.3 billionThe ripple effect of Medicaid cuts in communities where hospitals are major employers will be cataclysmicSources: Barron's & Commonwealth Fund2/2
— Larry Tenney (@larrytenney.bsky.social) 2025-06-29T19:16:05.977Z
Billions in Medicaid Cuts Spell Trouble for Labor Markets, State GDP & Communities Where Hospitals are Major EmployersNationwide, 1.22 million jobs could be lost. That's nearly a 1% increase in the U.S. unemployment rate overall1/2
— Larry Tenney (@larrytenney.bsky.social) 2025-06-29T19:16:05.976Z