Trump's Austere Budget Calls for Radical Cuts to Medicaid - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 24, 2017 Newswires
Share
Share
Post
Email

Trump’s Austere Budget Calls for Radical Cuts to Medicaid

Targeted News Service (Press Releases)

WASHINGTON, May 23 -- The National Health Law Program issued the following news release:

Austerity knows no bounds with the Trump administration. After loudly touting the so-called American Health Care Act (AHCA) and its $839 billion in cuts to Medicaid, the president's FY 2018 budget includes more than $600 billion in additional cuts to Medicaid, which provides health care to more than 70 million low-income individuals, as well as other entitlement programs.

Trump's budget also advocates for massive cuts to federal entitlement programs that provide financial assistance to tens of millions of low-income individuals and families. Beyond targeting Medicaid, Trump's budget calls for cuts in the hundreds of billions to nutritional assistance and other welfare programs. Further, the budget excludes Planned Parenthood from participating in any HHS programs, jeopardizing women's access to critical health services. At the same time, Trump's budget seeks a 10 percent increase in military spending and several billion dollars more for a "border security wall."

"In times of great economic inequalities, the president's budget is wildly out-of-touch, cynical and cold-hearted," National Health Law Program (NHeLP) Executive Director Elizabeth G. Taylor said. "Medicaid, regardless of political rhetoric, is a popular and effective health care program for low-income individuals and families and provides quality care to more than 30 million children. The program is integral to health care providers, professionals and hospitals who provide care to Medicaid beneficiaries. These cuts, if enacted, would harm tens of millions of people, and to what end? Shrinking the federal government is not a sufficient justification when millions will suffer."

Managing Attorney of the DC Office Mara Youdelman said, "This budget is beyond nonsensical; it is an unabashed attack on Medicaid and other invaluable safety net programs that are making our country fairer and more just. It goes beyond slashing the funding of these critical programs. It allows states to limit access to Medicaid and other safety net programs, by adding work requirements and other obstacles to obtaining health care, or by making it more difficult to access food assistance through SNAP and benefits through Social Security's Supplemental Security Income program."

Youdelman continued, "These cuts and actions would harm large swaths of the country, many of the very same people who staunchly support the president. It undercuts President Trump's campaign promise of not yanking health care from people and his promise to take care of those who have been left behind. This budget would do exactly that - limit health care for tens of millions of people from all walks of life."

Please contact the NHeLP Communications Director Jeremy Leaming at [email protected] or 202-552-5176 for further comment regarding the Trump budget and its adverse impact on social safety net programs.

Older

Raja Speaks Out Against Trump Administration’s Threatening To Make Health Insurance Unaffordable For 7 Million

Newer

CBC Again Urges Trump to Learn from its ‘Moral, Responsible’ Alternative Budget

Advisor News

  • Health insurance premium tax bill moving in House
  • Iowa Senate committee approves one-time tax increase on certain health insurance plans
  • SEC manual shake-up: What every insurance advisor needs to know now
  • Retirement moves to make before April 15
  • Millennials are inheriting billions and they want to know what to do with it
More Advisor News

Annuity News

  • Variable annuity sales surge as market confidence remains high, Wink finds
  • New Allianz Life Annuity Offers Added Flexibility in Income Benefits
  • How to elevate annuity discussions during tax season
  • Life Insurance and Annuity Providers Score High Marks from Financial Pros, but Lag on User Friendliness, JD Power Finds
  • An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
More Annuity News

Health/Employee Benefits News

  • CareSource employees raise $56,000 for Firefly through workplace giving program
  • Health insurance premium tax bill moving in House
  • CVS Health Corp. (NYSE: CVS) Making Surprising Moves in Thursday Session
  • 3 in 4 Americans open to local local health system insurance plans
  • Continuous Glucose Monitoring on the Rise Among Medicare Advantage Members with Type 2 Diabetes
More Health/Employee Benefits News

Life Insurance News

  • Securian Financial Reports Very Strong 2025 Results
  • The New Way Life Insurers Are Fact-Checking Your Application
  • Best’s Special Report: US Life/Health Insurance Industry Sees Impairments Halved in 2024
  • Jackson Study Exposes Stark Disconnect Between Anticipation of Policy Change and Retirement Planning Conversations
  • Thrivent plans to add 600 advisors this year
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet