US Republicans' budget would cut Medicaid and Medicare and repeal health reform law
Michael A. McCarthy
Abstract
Michael A. McCarthy
Abstract
US House Republicans unveiled a budget on 17 March that promises to balance the federal deficit over 10 years, largely through deep cuts in domestic spending.1 If implemented, the proposed budget would reduce federal spending by nearly $5.5 trillion (£3.76trn; €5.19trn) over the next decade, said Tom Price, House budget committee chair and a Republican from Georgia. The budget included no tax increases. Under the proposed budget more than $2trn of the predicted savings would come from a “complete” repeal of the Affordable Care Act, although the budget retains $700bn in Medicare cuts included in the 2010 health reform law. Another $913bn in savings would come from converting Medicaid, …
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US House Republicans unveiled a budget on 17 March that promises to balance the federal deficit over 10 years, largely through deep cuts in domestic spending.1 If implemented, the proposed budget would reduce federal spending by nearly $5.5 trillion (£3.76trn; €5.19trn) over the next decade, said Tom Price, House budget committee chair and a Republican from Georgia. The budget included no tax increases. Under the proposed budget more than $2trn of the predicted savings would come from a “complete” repeal of the Affordable Care Act, although the budget retains $700bn in Medicare cuts included in the 2010 health reform law. Another $913bn in savings would come from converting Medicaid, …
Key concepts: Repeal, Medicaid, Federal budget, Balance (ability), Health insurance, Deficit spending, Health care, House of Representatives