Bidencare or Trumpcare? Here’s the prognosis for the US economy

World

Bidencare or Trumpcare? Here’s the prognosis for the US economy

ANALYSIS | Trump’s plan is light on detail, but cheaper, although Biden’s high price tag does worry some

Ann Saphir

Democratic presidential candidate Joe Biden wants to expand the Affordable Care Act, President Barack Obama’s signature healthcare legislation, and then name it after himself.

Republican President Donald Trump wants to end it altogether, and replace it with something that has yet to be defined.

An ongoing debate over which approach is better for the economy is partly about price tags. Bidencare is forecast to increase federal healthcare spending by $2-trillion (R32-trillion) or more over 10 years. Trump’s approach is to hold federal spending stable or reduce it...

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