The Man Who Thinks Medicaid Cuts Won’t Cut Medicaid

The Trump administration’s “Big, Beautiful Bill” will reduce Medicaid spending by about $800 billion over the next decade by kicking some 8 million Americans off the program’s rolls. That is, if you listen to the Congressional Budget Office (CBO), the hospital industry, or the basic intuition that any plan to spend drastically less money on giving health care to poor people will result in those people ceasing to have health care.But the Trump administration’s own projection is that the giant cuts in Medicaid will result in nobody losing coverage. If true, this would be astonishing, the fiscal equivalent of the immaculate conception. Fortunately, the administration has just the man to explain this economic miracle to the public: Kevin Hassett, the director of the National Economic Council and a professional soothsayer of implausible events that Republicans hope, or at least claim, will occur.Appearing on CBS’s Face the Nation over the weekend,… ...[TheTopNews] Read More.