Report from The Commonwealth Fund and GWU’s Milken Institute School of Public Health analyzes the impact of potential federal funding cuts of least $880 billion in Medicaid and $230 billion to the Supplemental Nutrition Assistance Program (SNAP) over 10 years. The report shows that if implemented, these cuts could result in the loss of 1 million jobs, a $113 billion decline in states’ gross domestic products (GDPs), and loss of $8.8 billion in state and local tax revenue in 2026 alone. Medicaid and SNAP cuts could cause a combined $1.1 trillion loss to critical programs and services nationwide by 2035.