House Minority Leader Hakeem Jeffries warned Friday that children, families, seniors and everyday Americans with disabilities will be \u2018devastated\u2019 after House Republicans this week \u2018passed the budget resolution that sets in motion the largest Medicaid cut in American history.\u2019\u00a0<\/p>\n
\u2018Children will be devastated in the city of New York and beyond. Families will be devastated. Seniors will be devastated. Everyday Americans with disabilities will be devastated,\u2019 the New York Democrat said. \u2018Hospitals will potentially close here in New York state, in rural America and across the country. And nursing homes will certainly be shut down.\u00a0<\/p>\n
\u2018Every single House Democrat from New York City, from New York State and across the country oppose this reckless Republican budget, and we will continue to do so as long as the health care of the American people is being targeted, as long as nutritional assistance for children and families is being targeted by the extreme MAGA Republicans,\u2019 Jeffries added.\u00a0<\/p>\n
Jeffries spoke Friday as Republicans in Congress searching for a way around the $880 billion budget shortfall needed to be covered in order to extend President Donald Trump\u2019s tax cuts are considering changing the way Medicaid is funded, according to Politico.\u00a0<\/p>\n
As it stands, states must contribute their own matching funds to qualify for federal Medicaid dollars, but Republicans are weighing whether to prevent states from taxing insurers and healthcare providers as a way to raise that cash, a Politico report said Wednesday. Doing so would leave states with a $612 billion hole in their budgets over the next 10 years, the report said.<\/p>\n
GOP leaders argue that states are inflating Medicaid costs because they are kicking back the taxes to those sources through higher payment rates, the report added.\u00a0<\/p>\n
\u2018States and providers scheme so that the provider gets an enormous flow of federal dollars with no state cost exposure,\u2019 Brian Blase of the Paragon Health Institute think-tank told the outlet.\u00a0<\/p>\n
However, the American Hospital Association is calling on Congress to \u2018reject changes to states\u2019 use of provider taxes, which help fund their Medicaid programs,\u2019 as \u2018Even small adjustments in the use of this financing source would result in negative consequences for Medicaid beneficiaries as well as the broader health care system.\u2019\u00a0<\/p>\n
\u2018States\u2019 approaches to financing their share of the program are subject to federal rules and oversight, including limits on the amount of revenue that states can generate through provider taxes. Congress is contemplating further restrictions on states\u2019 ability to finance their share of Medicaid spending through such taxes,\u2019 it said earlier this month.\u00a0<\/p>\n
\u2018Most states would be unable to close the financing gap created by further limiting states\u2019 ability to tax providers,\u2019 it warned. \u2018States would need to make significant cuts to Medicaid to balance their budgets, including reducing eligibility, eliminating or limiting benefits, and reducing already low payment rates for providers.\u2019\u00a0<\/p>\n
\u2018States can use various sources to finance the non-federal share and would look to other sources if Congress limited their ability to use provider taxes,\u2019 it also said. \u2018This means that some states would have to consider increasing other forms of taxes, including income and sales tax, levied on all state residents.\u2019\u00a0<\/p>\n\n
House Minority Leader Hakeem Jeffries warned Friday that children, families, seniors and everyday Americans with disabilities will be \u2018devastated\u2019 after House Republicans this week \u2018passed the budget resolution that sets in motion the largest Medicaid cut in American history.\u2019\u00a0 \u2018Children will be devastated in the city of New York and beyond. Families will be devastated. <\/p>\n","protected":false},"author":0,"featured_media":36885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-36884","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/36884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=36884"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/36884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/36885"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=36884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=36884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=36884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}