A major financial blow

Losing the Affordable Care Act without a replacement would have also meant losing federal funding: California gets an estimated $25 billion in federal dollars from the health law, according to the Legislative Analyst’s Office.

The state would need to make “very serious and perhaps difficult decisions” of how to respond to such a funding loss,  said Ben Johnson of the Legislative Analyst’s Office.

Republican Sen. Melissa Melendez of Lake Elsinore, vice chair of the state’s Senate health committee, told CalMatters in November she was concerned the state would try to make up for losses in finances by increasing taxes on businesses and individuals.

“At some point, the Democrats need to face the reality that California taxpayers and the federal government may not be there to pay the credit card bill coming due,” she said.