Medicaid, GOP and Senate
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The Senate Finance Committee on Monday unveiled its portion of President Trump’s “big, beautiful bill,” containing provisions on Medicaid, taxes and green energy tax credits. The committee’s text
The Senate Finance Committee on Monday released its version of the GOP’s package that calls for enacting sweeping cuts to Medicaid and preventing a multi-trillion dollar tax hike on Americans.
Several Senate Republicans who have withheld their support for the party’s massive tax and spending package signaled on Monday that they weren’t swayed by details unveiled by GOP leaders earlier in the day.
House GOP leaders have been urging senators to make only minimal changes to their legislation to hold together their razor-thin majority.
The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
The health policy nonprofit KFF estimated between 120,000 and 190,000 people in Colorado could lose their insurance, mostly through falling off the Medicaid rolls, over the next 10 years.
Senate Republicans are proposing deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump's tax breaks more permanent.
To finance tax cuts, a GOP bill would reduce Medicaid payments to hospitals by $321 billion, hitting both blue and red states hard, a new report calculates.