The new Obamacare repeal bill being pushed hard by Senate Republicans could slash federal health funding to states by more than a whopping $4 trillion through the next 20 years, a new analysis finds.
The same report said that at least $215 billion in federal funds to states would be whacked by 2026, and warned that those cuts would grow dramatically over the following decade if Congress didn’t appropriate additional money under the controversial Graham-Cassidy bill.
Those eye-popping projections from the Avalere Health consultancy were disclosed Wednesday as GOP leaders in the Senate and the Trump administration lobbied the handful of Republicans who have not publicly supported the bill yet.
