CBO: Medicaid spending falls 35 percent in 20 years under Senate health bill
Source: Politico
By RACHANA PRADHAN 06/29/2017 04:15 PM EDT Updated 06/29/2017 04:37 PM EDT
The federal government would spend 35 percent less on Medicaid in two decades if the Senate Obamacare repeal bill becomes law, according to a CBO analysis requested by Democrats critical of the legislation.
The drop-off stems from stricter limits Republicans want to enact beginning in 2025 to control the entitlement's growth. Under the Senate bill, federal Medicaid outlays would be 26 percent less in 2026 compared to current law. The gap widens to 35 percent in 2036.
The CBO earlier this week estimated the draft Republican repeal bill would reduce federal Medicaid spending by $772 billion between 2017 and 2026. But some Senate Democrats asked for a separate analysis, contending the 10-year estimate doesn’t fully capture the effects of the legislation, because stricter spending limits would take effect toward the end of that window. The latest projection doesn't contain dollar figures for future cuts.
“This analysis makes clear that the massive cuts to Medicaid are only going to get worse,” Sen. Ron Wyden, ranking Democrat on the Finance Committee, said in a statement today. “These cuts will leave states with unfathomable choices like whether sick children get essential treatment or pregnant women get prenatal care or older Americans can receive adequate nursing home care."
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Read more: http://www.politico.com/story/2017/06/29/obamacare-repeal-bill-medicaid-reductions-240110
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Updated CBO analysis says Senate GOP's health-care bill reduces the trajectory of Medicaid spending by 35 percent by 2036
By Sean Sullivan, Juliet Eilperin and Kelsey Snell June 29 at 4:04 PM
The Republican debate over how to overhaul the Affordable Care Act turned sharply Thursday to a divisive and ideological question: How much money should the Senate health-care bill spend on protecting vulnerable Americans, and how much on providing tax relief to the wealthy?
Senate Majority Leader Mitch McConnell (R-Ky.), in an effort to strike a balance between centrists and conservatives, is now making concessions to both factions of his caucus, according to lawmakers and aides.
But this effort was complicated by a new Congressional Budget Office estimate Thursday finding that the Republican plan to change how Medicaid payments are calculated starting in 2025 would lead to significantly deeper reductions in its second decade than at the end of the first decade.
By 2036, the new analysis says, the government would spend 35 percent less on Medicaid than under the current law, compared with a 26 percent decrease in the first decade.
McConnell is rewriting his proposal to provide more money for opioid treatment and assistance to low- and moderate-income Americans, in part by potentially preserving a 3.8 percent tax on investment income provided under the Affordable Care Act that the current draft of the Senate bill would repeal. At the same time, the new draft aims to placate the right by further easing the existing law’s insurance mandates and providing higher tax deductions for the health-savings accounts that conservatives favor, Republicans said.
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https://www.washingtonpost.com/powerpost/gop-health-care-debate-turns-to-stark-question-help-vulnerable-americans-or-help-the-rich/2017/06/29/02d96318-5cd1-11e7-9fc6-c7ef4bc58d13_story.html?utm_term=.68c57991469f&wpisrc=al_alert-COMBO-politics%252Bnation&wpmk=1
= new reply since forum marked as read
your fucking plan is not health care its still a fucking death panel.
Your fucking tax deductions for this piece of sh*t legislation still makes the individual with there earned income to reach the "threshold" they would need to make and have they have to spend over 7.6% of that earned income on medical care to get the so called "tax deduction" write-off -----------------FUCK YOU.
You think in your fucking ass**** mentality that just throwing out tax credits solves the issue, it doesn't, hell, I can throw tax credits around also, but I don't, not like you do, dick head
And your "Health Savings Account " is full of sh*t also, when you take the money out of your earned income, your losing earning power and then to use it for medical coverage, your fucking taxed like it's earned income, this smoke and mirror shell game your playing is full of sh*t
How does it feel ass**** to get health insurance paid for by that taxpayer and then have the same fucking language in your bill and house bill to be exempted, did you remove that from your legislation ass****---------------FUCK YOU
Single Payer ass*****
In fact its time for the Dickapedia for the day 180
Now get to it.
