Trump's Budget Blitz: How Permanent Tax Cuts Could Reshape Medicaid & SNAP

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Rural hospitals on the brink? New budget proposals threaten vital healthcare funding. States face heavier burdens under proposed SNAP administrative cost hikes.Trump's July 4th deadline ignites a fierce fight over federal spending and state responsibilities.  #MedicaidCuts. #SNAPChanges. #BudgetBattle

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00:00The halls of Congress are buzzing as a massive budget reconciliation package.

00:04A legislative wish list echoing President Donald Trump's priorities moves through the Senate.

00:10At its heart, this bill aims to make key 2017 tax cuts permanent,

00:14a move that comes with an enormous price tag.

00:17To offset this, Senate committees are proposing even deeper cuts than the House,

00:21with Medicaid and SNAP taking center stage.

00:24One of the most significant shifts is in Medicaid.

00:26The Senate version proposes to drastically limit how much states can tax Medicaid providers,

00:32reducing the House S proposed cap from 6% to a mere 3.5% by 2031.

00:39This is a game-changer for states,

00:41as these provider taxes are crucial for drawing down federal Medicaid funding.

00:46Senator Susan Collins of Maine has voiced serious concerns,

00:49warning of a devastating effect on rural hospitals in her state,

00:53potentially leading to closures.

00:54She's pushing for a provider relief fund to protect these vital institutions.

01:00Senator Josh Hawley of Missouri echoes these concerns,

01:03criticizing the bill for cutting off a major funding source for rural hospitals.

01:07He states,

01:08The right thing to do is not defund rural hospitals to pay for your pet projects,

01:13highlighting a broader debate about funding priorities.

01:16While the Senate's bill softens some new Medicaid work requirements,

01:19exempting enrollees with dependents under 14, concerns about implementation remain.

01:25Senator Lisa Murkowski of Alaska, whose state doesn't use provider taxes,

01:30worries that kicking people off Medicaid due to new work requirements

01:33would still hurt small and rural hospitals, calling the implementation unwieldy.

01:39The overarching concern among some Republican senators

01:42is that the Senate bill could shift too much of Medicaid,

01:45S costs, onto the states and lower-income Americans.

01:48This budget battle is far from over,

01:51with negotiations intensifying as President Trump's July 4th deadline looms,

01:56and the ultimate fate of these crucial programs hangs in the balance.

01:59Money expo.

02:00Money expo.

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