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What Do $880 Billion in Medicaid Cuts Look Like?
388 sats \ 2 comments \ @jakoyoh629 19h econ
The updated House Republican budget proposal, released Sunday, doubles down on major cuts to the Medicaid program. All in all, the plan includes cuts of $912 billion in federal spending over the course of the next ten years. The House Energy and Commerce Committee, whose budget consists of 95 percent Medicaid funding, had to find at least $880 billion in savings on the occasion. The cuts will be instrumental in funding the extention of 2017 Trump tax breaks that are set to expire this year and which would benefit those earning more than $400,000 annually.
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https://www.statista.com/chart/34452/relative-size-of-proposed-budget-cuts-to-the-medicaid-program/
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50 sats \ 1 reply \ @Undisciplined 19h
If I understand that graphic right, it's fairly misleading.
Those aren't the proposed cuts to specific areas in the pie charts. Rather, they're what it would look like if the entire $88B came from each area.
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36 sats \ 0 replies \ @jakoyoh629 OP 16h
$88 billion lost annually is enough to pay for more than three quarters of Medicare coverage for all children in the program, 38 percent of coverage of all Medicaid adults OR 18 percent of all senior and disabled enrolees' coverage.
Seems like you're spot on. That OR!?
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