The House passed Republicans’ unpopular “Big, Beautiful Bill” by a razor-thin margin of 215-214, sending the legislation to the Senate for review. Deficit hawks support steeper cuts while increased the deficit by trillions. Moderates complain the bill is a “handout to the wealthiest Americans at the expense of the nation’s poor.” This bill will result
The PACs group of nursing home operator postponed the release of their first quarter earnings for this year. PACS has now missed filing there financial results for three straight quarters. This is a mandatory requirement for publicly traded companies. This is not the first time PACs have postponed the disclosure of their earnings. In Q3
In its 60 years, Medicaid has swelled from a small program that provided medical care to poor Americans receiving cash assistance to the largest source of public insurance. It covers 72 million Americans, about one-fifth of the population. It pays for about half of all nursing care in the United States, and 40 percent of all births.
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