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FT News Briefing

Swamp Notes: How Medicaid cuts could shake up Maga

FT News Briefing

Forhecz Topher

News, News & Politics, Daily News

4.41.2K Ratings

🗓️ 29 March 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

As Congress works through President Donald Trump’s recent budget, one of the likeliest cuts on the chopping block is Medicaid. The government health insurance programme is used by one in five Americans, including many voters who make up Trump’s Maga base. So could cuts to Medicaid actually threaten Trump’s hold on Republicans? Washington bureau chief James Politi and US politics and society correspondent Guy Chazan are on to discuss if a showdown is coming between the party’s fiscal hawks and those who’d like to preserve social welfare programmes. 


Mentioned in this podcast:

The big government spending Maga voters can’t live without

US House passes budget resolution to cut taxes and spending by trillions

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Swamp Notes is produced by Katya Kumkova. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. 


Read a transcript of this episode on FT.com



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Transcript

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0:00.0

We're Equinor, an energy company searching for better. Currently, we supply 27% of the UK's gas,

0:07.0

15% of its oil, and we're playing our part in the UK's energy transition. In 2023, we invested

0:14.1

20% of our global gross spend in renewables and lower carbon solutions. Today, our wind farms power

0:20.0

750,000 homes,

0:22.0

and we expect this to grow to over 7 million UK households.

0:25.7

We're an energy company searching for better.

0:28.2

Equinore.co.uk.

0:31.7

Cutting government assistance programs like Medicaid

0:34.7

has always been treacherous territory for American politicians.

0:39.3

The health insurance program for low-income residents is used by millions of people.

0:44.9

But as a budget battle bruise in Congress, some Republicans are thinking about putting it on the

0:51.2

chopping block. The problem, as former White House advisor Steve Bannon put it,

0:56.5

a lot of MAGA is on Medicaid. This is Swamp Notes, the weekly podcast from the FD News briefing,

1:06.5

where we talk about all of the things happening in U.S. politics. I'm Kasha Brousalian, and this week we're asking,

1:13.0

will Medicaid cuts threaten Trump's hold on Republicans?

1:16.7

Here to discuss with me is James Politi.

1:19.0

He's the F.T.'s Washington Bureau Chief.

1:21.2

Hey, James.

1:22.2

Hey, Kasha.

1:23.3

And we've also got Guy Chazan, who covers the U.S. for the FT and has recently been looking into America's love-hate relationship with Medicaid.

1:31.7

Hey, Guy.

1:32.6

Hi.

...

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