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The key states that would lose funding under Graham-Cassidy

Alaska Sen. Lisa Murkowski. Photo: Cliff Owen / AP

A new estimate obtained by Axios from the Centers for Medicare and Medicaid Services (CMS) projects that Alaska, home to key swing vote Sen. Lisa Murkowski, would lose 38% of federal funding for premium subsidies and Medicaid by 2026 under the Graham-Cassidy proposal. John McCain's home state of Arizona would also lose funding (-9% in 2026).

Why it matters: Even though the CMS numbers are rosier than other estimates, they still show states like Alaska and Arizona would be worse off under Graham-Cassidy, making it that much harder to wrangle the votes needed to pass the last-gasp Republican plan.