Earle-Sears suggests using Virginia’s ‘rainy day funds’ to cover possible Medicaid funding shortfall

Earle-Sears suggests using Virginia’s ‘rainy day funds’ to cover possible Medicaid funding shortfall

Lt. Gov. Winsome Earle-Sears has suggested the state use its “rainy day” fund to cover the cost of Medicaid in Virginia should the federal, so-called “One Big Beautiful Bill” increase the cost share paid by Virginia for the program.  “We want to make sure that whatever happens with Medicaid, we have the money here to help. We have the money and the budget to help. You know, we have put money aside for rainy day,” Sears said at an event in Marion…

Former Republican Lt. Governor Bill Bolling on Sears’ Scheme to Use “Rainy Day Fund” to Cover Medicaid Cuts: “That’s a Bad Idea” - Democratic Party of Virginia

Cardinal News: Virginia could see a $29 billion decrease in federal Medicaid […] Republican candidate for governor has suggested tapping into the state’s $4.7 billion “rainy day fund” to cover the cost.  VIRGINIA – Former GOP Lt. Gov. Bill Bolling blasted Sears calling it “a bad idea” in a Facebook Post, following new reporting that Winsome Earle-Sears keeps claiming she can use Virginia’s “rainy day” reserve to cover the Medicaid cuts in the Tr…