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1/30/17

Medicaid Cuts A Big Threat For Sanctuary Cities #okc #news #wth



Fundings cuts to sanctuary cities may have less impact than medicaid cuts. According to a report by fitch ratings on monday, President trump's recent executive order to cut federal funding to sanctuary cities would likely not result in an impact to cities' bond ratings. REpublican proposals to convert medicaid to a block grant may have more of an effect on municipal finances however. In general, federal funding has very little impact on state and municiple finances. leadings experts believe that a transition to block grants, however, could cut medicaid funding by as much as 41 percent in the coming years. this would likely handicap states' ability to respond to larger enrollments during recessions. http://bit.ly/2jnVDBq http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com


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