Wyden Reacts to New CBO Data: Over $930 Billion in Proposed Medicaid Cuts in Latest Senate Draft

Senator Wyden Warns About Major Cuts to Medicaid

Senator Ron Wyden, the Ranking Member of the Senate Finance Committee, has raised alarms over a new Republican reconciliation bill. The nonpartisan Congressional Budget Office (CBO) revealed that the bill would cut Medicaid by a staggering $930 billion. This amount is even higher than previous cuts approved by the House.

Wyden highlighted concerns about how these cuts could impact vulnerable groups. “These reductions will worsen health care in rural areas. They could endanger children, seniors, and working families," he said. He emphasized that such drastic changes should not be rushed through Congress.

This sentiment echoes broader fears regarding health care access in America. According to a recent survey by the Kaiser Family Foundation, around 28% of Americans worry about losing health coverage. As health care costs continue to rise, many depend on programs like Medicaid.

Proposals to slash Medicaid could reverberate throughout the health care system, affecting Medicare and the Affordable Care Act as well. Wyden’s appeal is for Republican senators to reconsider this path, stressing that there’s no quick fix for the fallout of such deep cuts.

Overall, this situation sheds light on a crucial issue: health care access is foundational for many. The debate around Medicaid cuts is not just a financial issue; it’s about the health and well-being of millions. For Senator Wyden and many others, the stakes couldn’t be higher.

For more information, the CBO’s analysis can be found here.

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