The GOP slashed $1 trillion from Medicaid's budget. What now?

Marketplace

American Public Media

Business, News

4.6 • 8K Ratings

🗓️ 11 July 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Medicaid budget just lost about $1 trillion. Eleven million more Americans will go uninsured, the CBO estimates, and those who remain Medicaid-eligible may lose coverage for "optional" services. That could include in-home health care recipients, like 9-year-old Noah. In this episode, we talk with his mom, who lobbied Congress to vote against the bill. Plus: An environmentalist makes a case for solar power, and why the Fed will rely on data — not the whims of the stock market or President Trump — to make its next rate cut decision.

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Transcript

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0:57.5	So what the heck is going on with tariffs anyway? Anybody else need a refresher? From American public media, this is Marketplace.
1:07.6	This is Marketplace.
1:20.0	In Baltimore, I'm Amy Scott in for Kai Rizdahl.
1:22.3	It's Friday the 11th of July.
1:23.6	Good to have you with us.
1:30.4	90 days have come and gone since the president first announced his April the 2nd tariffs.
1:36.1	Tariffs that were then paused for 90 days, which would have been up Wednesday of this week,
1:44.0	had the president not announced on Monday that he'd be extending that pause until August 1st in order to make more deals. No more extensions, probably. Confused? Well, so is the global
1:50.4	economy. Good thing we've got Catherine Rampel at the Washington Post and MSNBC and Courtney Brown
1:57.0	with Axios here to help us out on a Friday. Hello, you two.
2:02.2	Hi. Happy Friday. All right, Courtney, let's start with you. This was the week we were
2:07.5	supposed to have more certainty about trade policy. That obviously did not happen. Can you
2:12.9	give us a quick summary of where things stand now? Yes, we don't know. That is the summary in short.
2:21.8	We don't know where things stand. What we do know is that we had Liberation Day on April 2nd.
	...

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