Thursday, October 30, 2008

Worried governors ask Congress for more federal Medicaid funding

from McKnight's:

The nation's governors have appealed to congressional leaders to boost federal Medicaid funding and change tax provisions to help states through the current economic slowdown. In particular, the governors recommended in a letter sent Monday that Congress increase for at least a two-year period a formula that determines matching payments to state Medicaid programs.

The House Ways and Means Committee will hold a hearing today to explore tax-related options that could be included in an economic stimulus package. The governors' letter to congressional leaders can be found here.

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