Jun 29, 2017

Senate's future Medicaid cuts would reach 35%, CBO says

AP Photo / Susan Walsh

Over the next 20 years, federal Medicaid spending would be 35% lower with the Senate health care bill than without it, according to a new analysis from the Congressional Budget Office.

Why it matters: Notwithstanding the semantic back-and-forth between "cuts" and "reductions in the rate of growth" under the Senate bill, CBO's latest report makes it pretty clear that the federal government will spend a lot less money on Medicaid if the Senate bill passes, likely forcing states to cut providers' payments or restrict eligibility for the program.

Key takeaway: Under the Senate bill, federal Medicaid would make up a smaller share of the overall economy than it does today. Per CBO's estimates:

  • Medicaid is expected make up 2% of GDP this year.
  • If Medicaid's status quo continues, it would rise to 2.4% of GDP by 2036.
  • Under the Senate bill, it would be 1.6% of GDP in 2036.

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 4 p.m. ET: 1,187,798 — Total deaths: 63,902 — Total recoveries: 244,246Map.
  2. U.S.: Total confirmed cases as of 4 p.m. ET: 301,902 — Total deaths: 8,175 — Total recoveries: 14,505Map.
  3. Public health latest: How the coronavirus is upending childbirth. CDC launches hospitalization and coronavirus fatality trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured.
  4. 1 community thing: Coronavirus hits poor, minority communities harder.
  5. Business updates: Restaurants step up for health care workers. Employees are pressuring companies to provide protections during coronavirus. America's small business bailout off to bad start.
  6. Oil latest: Monday meeting among oil-producing countries to discuss supply curbs is reportedly being delayed amid tensions between Saudi Arabia and Russia.
  7. Education update: Many college-age students won't get coronavirus relief checks.
  8. 1 🏀 thing: The WNBA postpones start of training camps and season.
  9. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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U.S. coronavirus updates: Death toll surpasses 8,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the coronavirus surpassed 8,000 in the U.S. on Saturday afternoon, per Johns Hopkins data. The death toll in the U.S. has risen over 1,000 every day for the past four days, since April 1.

The big picture: As expected, COVID-19 death tolls are rising in the U.S. The CDC is recommending Americans wear face coverings in public to help stop the spread, marking a significant change in messaging from the Trump administration.

Go deeperArrowUpdated 2 hours ago - Health

World coronavirus updates: Spain tracks more cases than Italy

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

Spain overtook Italy in its number of coronavirus cases on Saturday. The global death toll has surpassed 62,000, per Johns Hopkins data.

The latest: About half the planet's population is on lockdown amid the coronavirus crisis. Fatalities are exponentially increasing across Europe, with roughly half of deaths worldwide located in Italy and Spain.

Go deeperArrowUpdated 2 hours ago - Health