Behind the Senate Tax Bill: Retiree Tax Break Comes With Medicaid Trade-Offs

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Senate Republicans are moving forward with a sweeping plan to extend the 2017 tax cuts and provide retirees with modest relief through a temporary boost in the standard deduction, Barron’s reports. However, the proposal would reduce Medicaid funding and make eligibility more restrictive for some enrollees, raising the risk that seniors could face higher out-of-pocket healthcare costs. Barron’…

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