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Jul 11, 2025

How will states respond to Medicaid cuts?

Medicaid is run by the states, but about 70% of its funding comes from the federal government.

Are markets being complacent when it comes to tariffs?
by Sabri Ben-Achour
President Donald Trump is threatening to increase tariffs on products from Canada from 25% to 35%, which would apply to the roughly 60% of products imported from Canada that aren't covered by an existing free trade agreement. How are markets responding? We'll ask Christopher Low, chief economist at FHN Financial in New York, for more.
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Cuts to Medicaid mean difficult choices for states
by David Brancaccio, Chris Farrell and Ariana Rosas
Ricky Carioti/The Washington Post via Getty Images
Despite being run by the states, roughly 70% of Medicaid funding comes from the federal government.
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