Funding Cuts to Medicaid, SNAP Could Cost States $113 Billion, 1.3 Million Jobs

AJMC March 25, 2025
Giuliana Grossi

Key Takeaways

• The budget resolution could result in over 1 million job losses and a $113 billion reduction in state GDPs due to Medicaid and SNAP cuts.
• States may face a $1 trillion funding shortfall over the next decade, leading to reduced coverage, benefits, or stricter eligibility requirements.
• The healthcare sector could lose 477,000 jobs, severely impacting hospitals, clinics, and other providers.
• SNAP cuts could lead to a $30 billion decline in economic output and significant job losses in food-related sectors, further straining state economies.

A new Commonwealth Fund report estimates that states’ collective gross domestic products would shrink by $95 billion, with total economic output declining by $157 billion.

The US House of Representatives budget resolution could...

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