Forbes March 5, 2025
When President Lyndon B. Johnson signed legislation in 1965 that created Medicaid and Medicare, he reminded the American people of a shared tradition: “never to be indifferent toward despair … never to turn away from helplessness … never to ignore or to spurn those who suffer untended in a land that is bursting with abundance.”
Six decades later, Medicaid has largely lived up to its promise to alleviate pain and suffering. But the budget resolution recently approved by the U.S. House of Representatives could lead to cuts that threaten Medicaid’s very existence. The House-approved framework would fund $4.5 trillion in tax cuts by cutting spending by $1.5 trillion. Among those cuts, the Energy and Commerce Committee would need to cut...
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