Reuters logo
Senate bill would cut Medicaid spending 35 percent in 2036: budget analyst
June 29, 2017 / 9:02 PM / in 5 months

Senate bill would cut Medicaid spending 35 percent in 2036: budget analyst

WASHINGTON (Reuters) - Spending on the Medicaid healthcare program for the poor would be 35 percent lower than under current law in 2036 if a draft bill to repeal Obamacare proposed by Senate Republicans were to become law, the non-partisan Congressional Budget Office said on Thursday.

The CBO estimated in a report requested by Senate Democrats that under current law Medicaid spending would grow 5.1 percent a year over the next two decades. Under the Republican Senate plan, it projected growth of just 1.9 percent a year through 2026 and about 3.5 percent per year in the subsequent ten years.

Reporting by Tim Ahmann; Editing by Andrew Hay

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below