The latest version of the GOP budget bill in the House of Representatives, which President Trump has endorsed, seeks $880 billion over ten years in savings from a committee whose only real option will be to cut Medicaid, a health coverage program that serves 80 million Americans.
While the budget resolution is just numbers and not policy, the size of its targeted cuts is too large to be achieved through efficiency and fraud reduction alone, as illustrated by comparing $880 billion to what Medicaid funds today. Such federal funding reductions, used to partly pay for a tax cut for the wealthy, would have life-altering consequences for tens of millions of Americans who rely on Medicaid, including children, disabled people, and older Americans—not to mention state budgets. Below are examples that build on a prior TCF analysis of Congressional Budget Office (CBO) and other data.
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For the full methodology behind these estimates, see TCF’s earlier piece: Yardstick for Medicaid Budget Target: What Potential Numbers Mean.
Tags: donald trump, medicaid cuts, medicaid
Trump and GOP Budget Targets Require Deep and Damaging Medicaid Cuts
The latest version of the GOP budget bill in the House of Representatives, which President Trump has endorsed, seeks $880 billion over ten years in savings from a committee whose only real option will be to cut Medicaid, a health coverage program that serves 80 million Americans.
While the budget resolution is just numbers and not policy, the size of its targeted cuts is too large to be achieved through efficiency and fraud reduction alone, as illustrated by comparing $880 billion to what Medicaid funds today. Such federal funding reductions, used to partly pay for a tax cut for the wealthy, would have life-altering consequences for tens of millions of Americans who rely on Medicaid, including children, disabled people, and older Americans—not to mention state budgets. Below are examples that build on a prior TCF analysis of Congressional Budget Office (CBO) and other data.
Figure 1
Figure 2
Figure 3
Figure 4
Figure 5
Figure 6
For the full methodology behind these estimates, see TCF’s earlier piece: Yardstick for Medicaid Budget Target: What Potential Numbers Mean.
Tags: donald trump, medicaid cuts, medicaid