Market
Outcome of $479 billion Medicare reduction proposal by end of 2025
2
Resolution / Starting Odds
Approved as proposed • 25%
Modified and approved • 25%
Rejected • 25%
No decision by end of 2025 • 25%
Official Congressional records and announcements
Story
House GOP Proposes $5.7 Trillion Cuts to Medicaid, ACA, Fund Tax Cuts for Billionaires
Jan 11, 2025, 09:26 PM
House Republicans are circulating a list of potential spending cuts totaling over $5.7 trillion, aimed at funding President-elect Donald Trump's priorities, including tax cuts and border security. The proposed cuts target various federal programs such as Medicaid, the Affordable Care Act, Medicare, SNAP, and climate measures. These reductions are seen as a means to offset the costs of tax cuts for billionaires and corporations, drawing criticism from Democrats who argue that such measures would harm working families and benefit the ultra-wealthy. The GOP's strategy includes significant cuts to Medicaid, potentially amounting to $2.3 trillion, and a $479 billion reduction from Medicare through changes like equalizing payments across regions and cutting bad debt reimbursements to hospitals.
View original story
Similar markets
Cuts rejected • 25%
Cuts approved as proposed • 25%
No decision by end of 2025 • 25%
Cuts approved with modifications • 25%
Rejected • 25%
No decision • 25%
Approved without changes • 25%
Approved with changes • 25%
Stricter regulations implemented • 25%
Other outcomes • 25%
No significant changes • 25%
Fines imposed on insurers • 25%
Medicare • 25%
No major cuts implemented • 25%
Affordable Care Act (ACA) • 25%
Medicaid • 25%
No • 50%
Yes • 50%
Trelegy Ellipta • 25%
Ozempic • 25%
Wegovy • 25%
Xtandi • 25%
Less than $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $15 billion • 25%
More than $15 billion • 25%
Less than $2 trillion • 25%
More than $4 trillion • 25%
$3-4 trillion • 25%
$2-3 trillion • 25%
No vote by end of 2025 • 25%
Reject • 25%
Approve as is • 25%
Approve with amendments • 25%