Cutting Medicaid to pay for low taxes on the rich is a terrible trade for American families
The cost of the overall tax cut is large enough to put huge stress on other parts of the economy, no matter how it’s paid for. The most damaging way to pay for this would be to enact large cuts in spending programs that provide benefits to economically vulnerable families. Last week, House Republicans approved a budget resolution calling exactly for these types of cuts, including $880 billion in cuts that will inevitably fall on Medicaid, the program that provides health insurance for low-income Americans who cannot otherwise afford it.