This bill would mean Medicaid coverage for an additional 15 million people a year, all of them living below or just above the poverty line. For a sense of scale, that's more than double the entire population now covered by the state Children's Health Insurance Program."Do the math," he says, and we'll see that this bill is "arguably, the single most progressive initiative in a generation."
This bill would also subsidize coverage in the exchanges for (roughly) another 15 million people a year, the majority of whom would also qualify as low-income by any reasonable standard.
And if you don't believe Cohn, he asks you to consider what his colleague Harold Pollack at the Huffington Post had to say [emphasis mine]:
Fully implemented, the bill would provide about $200 billion per year down the income scale in subsidies to poor, near-poor, and working Americans.That money won't be allocated to wars or tax cuts for the rich, it's going to help the poor and middle class.
$200 billion is a big number. It exceeds the combined total of federal spending on Food Stamps and all nutrition assistance programs, the Earned Income Tax Credit, Head Start, TANF cash payments to single mothers and their children, the Department of Housing and Urban Development, and the National Institutes of Health.
Trash the bill if you want, but don't let yourself lose sight of the good it will do.
(Cross-posted at Blogging for MI.)