New CBO Report Finds Deep Medicaid Cuts in GOP Health Bill - NECN
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New CBO Report Finds Deep Medicaid Cuts in GOP Health Bill

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    New CBO Report Finds Deep Medicaid Cuts in GOP Health Bill
    AP Photo/Alex Brandon
    Senate Majority Leader Mitch McConnell of Ky., left, and Senate Majority Whip Sen. John Cornyn, R-Texas, speak with the media after they and other Senate Republicans had a meeting with President Donald Trump at the White House, June 27, 2017, in Washington.

    The Senate health care bill’s Medicaid cuts would grow even deeper after a decade, according to a new report Thursday by the nonpartisan Congressional Budget Office, leaving more people without coverage under the government program.

    The new report complements the CBO’s main analysis of the Senate bill, known as the Better Care Reconciliation Act, which found Medicaid would spend 26 percent less and cover 15 million fewer people in 2026 if the bill passed, NBC News reports. The Senate bill caps Medicaid spending and, starting in 2025, grows it at a rate of inflation that’s expected to be less generous than either current law or the House bill, which included major cuts as well.

    While the CBO warns that projecting beyond the first decade is difficult, the new report estimates that the slower growth rate would drive relative spending down even further in the second decade. By 2036, the government would spend 35 percent less on Medicaid than it would under current law.