Ohio could lose more than 51,000 jobs and see its economy shrink by over $5 billion (£3.78 billion) by 2029 as federal cuts to healthcare and food assistance programmes begin to bite, according to a recent analysis by the Commonwealth Fund.
The report warns that reductions to Medicaid funding, combined with the expiration of enhanced Affordable Care Act (ACA) subsidies, will have significant economic consequences for the state. While federal support for rural healthcare is expected to provide some relief, researchers argue it will not be enough to offset the broader financial damage caused by the spending changes.
