Repealing the Individual Mandate Would Hurt the Poor, Help the Rich

Speaking of the individual mandate, it turns out that CBO has analyzed how federal spending would change if the mandate were repealed. This is not about Obamacare subsidies, which will obviously decrease if fewer people buy insurance. This is about reductions in direct spending on Medicare, Medicaid, etc. Here it is:

It’s pretty easy to see why Republicans love the idea of repealing the mandate. It means less federal spending on the poor and working class, and more spending on the rich. And that’s not even counting the premium increases that would mostly hit the working and middle classes. From a conservative point of view, you have to admit that this is a real winner.

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We just keep seeing it happen: Newsrooms owned by billionaires and corporations are spinning their own narratives, overwriting the truth, following only stories that keep them in the pocket of those with even more power.

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Our mission is to find the truth and amplify it. That’s why we’re independent, nonprofit, and, crucially, funded by readers. The investigations on our website will always be free to read, watch, and listen to, but our newsroom is powered by readers who pitch in what they can so we can keep asking the hard questions.

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