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Conservatives meet with Thune after efforts to reduce Medicaid funding face setbacks

Conservatives meet with Thune after efforts to reduce Medicaid funding face setbacks

A conservative group advocating for an additional $313 billion reduction in federal Medicaid spending visited Senate Majority Leader John Thune’s office late Monday night to discuss the next steps following an amendment aimed at slowing Medicaid growth that appears likely to fail. Senator Rick Scott (R-Fla.), who is leading the amendment to roll back Medicaid […]

You need to reduce the rate significantly.

You need to reduce the rate significantly.

On Monday, President Trump took another jab at Federal Reserve Chairman Jerome Powell, criticizing him in a memo that included a list of global central bank interest rates. “Jerome, you’re, as always, ‘too late.’ You’re costing the U.S. a lot of money,” he remarked. During a White House briefing, Trump pointed out a column that […]

Republicans plan to reduce Medicaid funding by billions more.

Republicans plan to reduce Medicaid funding by billions more.

Senate to Vote on Medicaid Expansion Amendment Republican senators have proposed amendments aimed at altering the GOP’s healthcare bill. One major aspect includes plans to cut Medicaid spending by a staggering $313 billion, which many see as a significant shift. The focus here is on changing the Affordable Care Act’s Medicaid expansion. This could mean […]

Home sales drop more than anticipated as high mortgage rates reduce demand

Home sales drop more than anticipated as high mortgage rates reduce demand

In May, the sale of new homes in the U.S. dropped more than analysts had anticipated, largely due to rising mortgage rates and an influx of unsold properties on the market. According to the Commerce Department’s Census Bureau, new home sales fell by 13.7%, adjusting the annual rate to 623,000 units. This is a significant […]

Senate referee seems receptive to updated Republican plan to reduce federal food aid funding.

Senate referee seems receptive to updated Republican plan to reduce federal food aid funding.

A spokesperson for the Senate Agriculture Committee indicated that Senator Elizabeth McDonough seems receptive to a revised Republican proposal regarding food aid costs to states, after previously rejecting the initial draft over the weekend. The current Senate Republican plan suggests that, for the first time, a significant portion of benefits under the Supplemental Nutrition Assistance […]