If Congress is serious about cutting $880 billion in Medicaid spending, ending what one study calls a "money-laundering" tactic being used by states would do at least most of the trick.
A study released earlier this month by The Hilltop Institute shows that eliminating Medicaid provider taxes — a loophole in the state funding formula that plows hundreds of billions of extra federal dollars into state budgets — would cut nearly $84 billion in federal Medicaid spending next year alone.
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