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California borrows $3.4 billion for Medicaid overrun

LAist on MSN · 22h

California borrows $3.4 billion for Medicaid overrun as congress eyes steep cuts

California’s Medicaid program has borrowed $3.4 billion from the state’s general fund — and will likely need even more — to cover ballooning health expenses for 15 million residents with low incomes and disabilities.

Politico · 19h

Medicaid shortfall forces California to borrow $3.44B

SACRAMENTO, California — California will need to borrow $3.44 billion to close a budget gap in the state’s Medicaid program, Newsom administration officials told lawmakers Wednesday in a letter obtained by POLITICO.

The Baltimore Sun · 1d

California needs $3.44 billion to cover healthcare shortfall, according to report

California Gov. Gavin Newsom’s administration informed lawmakers about the $3.44 billion shortfall in the state’s Medicaid program in a letter sent on Wednesday.

1d

'Needs to resign': Blue state blasted for asking for loan amid skyrocketing immigrant healthcare costs

"Gov. Gavin Newsom lied and cooked the books to gift all illegal immigrants free healthcare and now has stuck California ...

2don MSN

California needs $3.4B loan to cover healthcare costs as state provides insurance to undocumented residents

Gov. Gavin Newsom's Department of Finance on Wednesday notified state lawmakers that California will need a $3.44 billion ...

9don MSN

Trump’s tariffs are already rattling California’s tech sector

If the tariffs continue to rock the tech world, Democratic lawmakers worry this could ultimately eat into the state’s revenues.

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