Monday, November 28, 2016

Donald Trump's Vowed Repeal of Obamacare Bodes Ill for New York State's Budget

 

ALBANY — President-elect Donald Trump’s vow to repeal "Obamacare" could blow a huge hole in the state’s budget, experts say.

Depending on exactly what changes are implemented and how quickly, New York could be looking at a loss of $3.5 billion in federal health care money, said Bill Hammond, director of health policy at the Empire Center for Public Policy.

“A lot of this will depend on how much of a hard-ass President Trump will be,” Hammond said. 

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Source: The New York Daily News

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