- Romney-like plan cuts $1.7 trillion in Medicaid: "The big takeaway: Medicaid funding would be reduced by $1.7 trillion, with hospitals and nursing homes seeing payments fall by hundreds of billions of dollars." http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/10/23/study-romney-like-plan-cuts-1-7-trillion-in-medicaid/ 13 comments politics