California Medicaid Loans $3.4B
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California Borrows $3.4 Billion for Medicaid Overrun as Congress Eyes Steep Cuts - KFF Health News
81% Informative
California 's Medicaid program has borrowed $3.4 billion from the state’s general fund.
The state Department of Finance disclosed the loan to lawmakers in a letter late Wednesday .
The loan will cover Medi-Cal obligations through the end of the month , a spokesperson says.
The cost overrun adds a new layer of difficulty for Democrats who control the legislature.
California Democrats continue to characterize Trump and congressional Republicans as the biggest threat.
They point to the House budget plan to shrink Medicaid spending by as much as $880 billion .
They say cuts of that magnitude would leave millions of residents uninsured.
Some short-term cost increases could be driven by newly eligible residents seeking long-delayed care.
VR Score
83
Informative language
81
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55
Article tone
formal
Language
English
Language complexity
57
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Known propaganda techniques
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Time-value
short-lived
External references
12
Source diversity
9
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