Medicaid, Trump
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New York is on track to lose out on $750 million in Medicaid funding this year thanks to the federal budget cuts agreed to in Washington last week. State officials also expect to see at least $3 billion in federal funding disappear in the next fiscal year.
The comprehensive federal tax bill President Trump signed July 4 is credit negative for universities, Moody's Ratings said.
According to estimates from Manatt Health, rural hospitals stand to lose $70 billion over the next decade as a result of Trump’s tax cuts and spending legislation. Put it another way: Hospitals are projected to lose 21 cents from every Medicaid dollar received.
Medicaid cuts in President Donald Trump's megabill punch a hole in the state budget that will be impossible to fill in the coming years, state officials said this week. New York is facing a $750 million gap in the current fiscal year and at least $3 billion next year due to federal Medicaid reductions that will go into effect beginning in January,
Medicaid cuts in Trump’s tax bill will ‘devastate’ access to care in rural Pennsylvania, critics say
State officials estimate 310,000 Pennsylvanians will lose Medicaid coverage and anticipate strain at health facilities caused by federal budget cuts.
“Mean and cruel” — that’s how U.S. Sen. Catherine Cortez Masto described Medicaid cuts in President Donald Trump’s budget bill after passage in the Senate. She gathered Nevada health care leaders and workers July 2 to talk about how the state would be affected.