New York says 1.2 million would lose health coverage under House Medicaid cuts

And a top environmental bill is set to move in the Legislature next week.

Good afternoon — it’s Friday and Barbecue Day.

In today’s CapCon:

• We now have an idea of what the Medicaid cuts put on the table this week by Congress would mean for New York and its residents.

• Here are the financial disclosures for Hochul, Delgado, James and DiNapoli.

• A top priority bill for environmentalists is set to move in the Senate next week.

• The Senate will also consider a series of nominations, including a commissioner.

• A new bill would set strict requirements for how content is sourced for campaign videos and photos.

Names in today’s CapCon: Kathy Hochul, Donald Trump, Antonio Delgado, Tish James, Tom DiNapoli, Kristen Gonzalez, Carrie Woerner, Pam Helming

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(Bevan Goldswain/Getty Images)

🏥 How the latest House Medicaid proposal would impact New York

Democrats have warned for months that President Donald J. Trump and Republicans in Congress would hand down massive cuts to Medicaid.

Some Republicans who represent New York in Congress, but not all, have made clear that they don’t plan to support a spending package that cuts traditional Medicaid benefits or sacrifices care for efficiency.

We didn’t know what the extent of those cuts would be, or if there would be any at all. But that changed this week.

The Energy & Commerce Committee moved part of the Republican majority’s anticipated tax bill this week after many, many hours of debate. The Congressional Budget Office estimates that the proposals would result in $625 billion less in federal spending on Medicaid.

It would also implement work requirements for certain recipients beginning in 2029 and limit how states can reap more federal Medicaid revenue through taxes — like New York’s brand spanking new MCO tax.

Gov. Kathy Hochul’s office sent data Friday to members of Congress from New York on how those changes would impact state spending and coverage for Medicaid enrollees in the Empire State.

It’s not a great picture and I compared it to what independent experts said.