Oregonians would lose $2,500 per year in health care money if the new Cassidy-Graham bill becomes law, repealing Obamacare.
Wait, how much money? Avalere Health studied the impact of the bill and found Oregon would lose $13 billion over 10 years and $111 billion over 20 years.
Why are we losing so much? Oregon was one of the states that eagerly embraced Obamacare and expanded Medicaid coverage from 600,000 recipients to over 1 million according to The Oregonian. At least 400,000 Oregonians are projected to lose their health care by 2020 under the legislation. The states that fully participated in Obamacare tend to be Democrat-leaning and now they stand to lose the most.
Graphic by the New York Times
Why is this happening now? Republicans have until September 30 to repeal and replace Obamacare with 50 votes in the U.S. Senate. October begins a new fiscal year and Democrats could filibuster a bill at that point, requiring 60 votes to break the filibuster and pass legislation.
Any good news? Yes. John McCain announced that he will not support the bill. He was the key vote that killed the last attempt to squash Obamacare and his "No" vote likely means the legislation will fail.
We should not be content to pass health care legislation on a party line basis ... I cannot in good conscience vote for the Graham-Cassidy proposal.
-- Sen.John McCain