Key Point: “Many of the cuts Republicans are contemplating target programs aimed at helping low-income Americans, all in the service of paying for the extension of tax cuts that disproportionately benefit the wealthy. … Among many others, there are proposals to repeal major health care subsidy programs established by the Affordable Care Act, put caps on Medicaid funding, and end a policy that makes employer-provided meals and lodging tax-exempt.”

New York Times: House G.O.P. Floats Medicaid Cuts and More to Finance Trump’s Huge Agenda

By Catie Edmondson and Andrew Duehren

• Many of the cuts Republicans are contemplating target programs aimed at helping low-income Americans, all in the service of paying for the extension of tax cuts that disproportionately benefit the wealthy.
  
• Among many others, there are proposals to repeal major health care subsidy programs established by the Affordable Care Act, put caps on Medicaid funding, and end a policy that makes employer-provided meals and lodging tax-exempt.
  
• Republicans have long sought to scale back Medicare and Medicaid, the government programs for the elderly and poor, and the budget panel’s list outlined a slew of options for doing so, including reducing federal Medicaid payment rates and establishing work requirements for the program’s recipients.
  
• One option floated by the committee would try to undercut the Affordable Care Act’s Medicaid expansion, which led to a ballooning in program enrollment. It would reduce the share of Medicaid costs the federal government pays for, increasing the burden on states.

• Another on the list would impose work requirements for Medicaid recipients on able-bodied adults without dependents, with exemptions for pregnant women, students and primary caregivers of dependents. Work requirements would cause 600,000 people to lose coverage, according to estimates from the Congressional Budget Office, cutting federal spending by at least $100 billion over the next decade.
  
• Mr. Trump has flirted with lowering the corporate tax rate after slashing it to 21 percent in 2017, and the document shows House Republicans are considering reducing it to as low as 15 percent.