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President Trump Submits Budget Request To Congress
Leading the News
President Trump Submits Budget Request To Congress With Proposed Cuts To Healthcare Programs, Biomedical Research.
In an over 2,300-word article, the Washington Post (5/23, Achenbach, Sun) reports President Trump submitted his 2018 budget request titled, “A New Foundation for American Greatness,” to Congress on Tuesday. Many have criticized his proposed cuts to healthcare programs and medical research, which were posted online on Monday. The budget request calls for reducing funding for CHIP, the Food and Drug Administration, the Centers for Disease Control and Prevention, and the National Institutes of Health, including the National Cancer Institute. The request proposes “the establishment of an Emergency Response Fund to respond quickly to emerging public health threats.” The proposal would also prohibit Planned Parenthood from receiving any funding from HHS.
In a separate article, the Washington Post (5/23, Eilperin) reports the proposal would cut Medicaid by $1.4 trillion over the next 10 years, and would also “cut CHIP spending by $5.8 billion between now and 2019, largely by eliminating the additional 23 percent federal match the Affordable Care Act gives states beyond their traditional Medicaid match.” The article reports that those cuts, combined with proposed policy changes, could increase the uninsured rate among lower-income children.
From the Desk of
May 24, 2017
The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have completed and released today an estimate of the direct spending and revenue effects of H.R. 1628, the American Health Care Act of 2017, as passed by the House of Representatives. CBO and JCT estimate that enacting that version of H.R. 1628 would reduce the cumulative federal deficit over the 2017-2026 period by $119 billion. That amount is $32 billion less than the estimated net savings for the version of H.R. 1628 that was posted on the website of the House Committee on Rules on March 22, 2017, incorporating manager’s amendments 4, 5, 24, and 25. (CBO issued a cost estimate for that earlier version of the legislation on March 23, 2017.)
In comparison with the estimates for the previous version of the act, under the House passed act, the number of people with health insurance would, by CBO and JCT’s estimates, be slightly higher and average premiums for insurance purchased individually-that is, nongroup insurance-would be lower, in part because the insurance, on average, would pay for a smaller proportion of health care costs. In addition, the agencies expect that some people would use the tax credits authorized by the act to purchase policies that would not cover major medical risks and that are not counted as insurance in this cost estimate.
For a copy of the full report, click on the link below: