HealthExec March 25, 2025
A new report from the Commonwealth Fund outlines the potential economic damage of federal budget cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP), which helps low-income families buy groceries.
Researchers from George Mason University working with the nonprofit said—if funding reductions proposed by the U.S. House of Representatives go into effect—state economies will suffer and the country could see more than 1 million people unemployed by the end of 2026.
The spending pullback, passed by the House in late January, calls for an $880 billion reduction over 10 years, with Medicaid expected to receive the brunt of the blow. This is all being done to balance tax cuts proposed by Republicans in Congress and President Donald Trump....
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