The budget calls for ending the additional federal funding that helped states expand Medicaid to cover more people under the Affordable Care Act.
The inclusion of an $844 million "placeholder" in the latest budget coming out of the Trump White House, according to the Associated Press, indicates that Medicaid and the Affordable Care Act are in the crosshairs.
The Hill estimates those cuts will total $1 trillion over a 10-year period—not something that will even clear the Democrat-controlled House. The $844 million supposedly comes from "savings" that, according to AP, "would be used for a health care plan Trump has been promising since he was a candidate." But there are still no details on what that plan might entail.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
