Worried governors ask Congress for more federal Medicaid funding
"Funding for FMAP (the Federal Medical Assistance Percentage) is a particularly effective counter-cyclical tool because it immediately allows Governors to eliminate planned budget cuts required to meet balanced budget requirements and continue services for those with the greatest need," the NGA said. Medicaid is the No. 1 payer of nursing home services in the United States.
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.