Project 2025 contains several proposed changes to Medicare and Medicaid, framing the programs as being largely responsible for the United States’annual budget deficit, which currently stands at $1.27 trillion for 2024. “In essence, our deficit problem is a Medicare and Medicaid problem,” the Pro...
Meanwhile, the average cell phone bill alone was $141 per month in 2024.5 The PNA was initially set to a federally mandated minimum of $25 per month with the Social Security Amendments of 1972. The Omnibus Budget Reconciliation Act of 1987 raised the minimum allowance to $30 ...
Budget Makers Agree to Cut Billions in Medicaid Spending
In Pennsylvania, state budget makersrecently unveiledthe scale of that miscalculation, with Democratic Gov. Josh Shapiro proposing an increase of $2.5 billion in Medicaid spending in the next fiscal year. That amounts to a roughly 5% increase in overall state spend...
Rep. Chip Roy, R-Texas, a member of the Budget Committee, said Congress needs to explore cutting federal spending on Medicaid. "You need wholesale reform on the health care front, which can include undoing a lot of the damage being done by the ACA and Obamacare," Roy said. "Frankly, ...
The plan calls for slashing taxes by up to $4.5 trillion and sets a goal of cutting federal spending by $2 trillion. Here’s what to know about the bill and what’s delaying it. Aneeta Mathur-Ashton Feb. 24, 2025 House Attempts to Advance Budget ‘The ...
The data come directly from the Congressional Budget Office. At the risk of pointing out the obvious, it’s not a cut if spending rises from $393 billion to $464 billion. Federal outlays on the program will climb by about 2 percent annually. By the way, it’s perfectly fair for ...
Medicaid spending plays role in larger West Virginia budgetCharleston
Cutting Federal Medicaid Spending Although Trump was silent on Medicaid during the 2024 campaign, his budget proposals2 during his first presidential administration included plans to cap federal spending on Medicaid and convert the ACA into a block grant to states. If those plans had been approved...
"It would be a tough sell right now as it would put a big strain on the budget," he said. Medicaid has been in the crosshairs of Republicans in Washington before. Republican congressional leaders in 2017 proposed legislation to cut federal expansion funding, a move that would have shifted...