Proposed Medicaid cuts put fragile Illinois economy, most vulnerable citizens at risk

June 29 Teleconference, New Report Finds Illinois Stands to Lose Up To $7.8 Billion in Business Activity and 61,220 Jobs Under House Republican Budget
A report being released today by Families USA with the Shriver Center on Poverty Law, Health & Disability Advocates, the Illinois Maternal & Child Health Coalition, and the Campaign for Better Health Care, outlines in stark terms the potential damage to jobs, business activity, and the health care safety net for thousands of Illinois’ most vulnerable citizens under the House Republicans’ budget proposal. 
This report, however, will look specifically at the economic effect of Medicaid cuts, spotlighting the potential impact of a 5 percent, 15 percent and 33 percent Medicaid cut on Illinois’s economy.
The budget proposal adopted by the U.S. House of Representatives, sponsored by Rep. Paul Ryan (R-WI), calls for cuts in federal funding to current state Medicaid programs of 5 percent in 2013, 15 percent in 2014, and 33 percent in 2021.  Illinois would be in the top ten of states bearing the most potential impact from each level of these cuts. 
A teleconference to brief Illinois media on the report will be held on Wednesday, June 29 at 11AM CST to discuss the findings.
The Teleconference and Release of Families USA Report “Jobs at Risk” will be held Wednesday, June 29, 2011 at 11 a.m.  Dial in toll-free: 888-587-0611     Confirmation code: 9915923
 Jim Duffett, Executive Director, Campaign for Better Health Care
 Ron Pollack, Executive Director, Families USA will moderate the Teleconference.