“Even with these SNAP and Medicaid cuts fully reversed, we think deficits stay around 6% of the GDP.”
AS
Arunima Sinha
Thoughts on the Market ·
Arunima Sinha · Thoughts on the Market · Big Political Shift, Narrow Economic Impact
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estimated the impact of fully rolling back SNAP and Medicaid cuts on real spending growth
less than half a percentage point
“Even with these SNAP and Medicaid cuts fully reversed, we think deficits stay around 6% of the GDP.”
“Spend caps halt your pay-to-go and cuts coverage once the budget hits threshold rather than deleting resources. They trigger within minutes of using live estimates, which is actually pretty nice because before you would ever see that.”
“There would probably be some economic impact, but much less than the 2008 financial crisis, for example it might decrease growth by 25% versus leading to negative growth for roughly two years in the case of the 2008 crisis.”
“We're doing a lot of lobbying against data center expansion in the name of sovereignty and pinpointing everything that it means in terms of real sovereignty, environmental impact, social justice”
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