Ohio will lose 51,000 jobs, $5.3 billion due to Trump cuts by 2029, new analysis finds
The Commonwealth Fund said Medicaid and food aid cuts will also reduce state GDP by $5.3 billion.
- A new Commonwealth Fund analysis projects Ohio will lose 51,000 jobs and $5.3 billion in economic output by 2029 from Medicaid and food assistance cuts under President Donald Trump's 2025 spending law.
- The legislation includes over $900 billion in Medicaid reductions and $187 billion in Supplemental Nutrition Assistance Program cuts, while expiration of Affordable Care Act subsidies has already reduced Ohio exchange enrollment by around 20%.
- Ohio is expected to forfeit $4.4 billion in federal funding, reducing state GDP by $5.4 billion and local revenue by $368 million, though a $200 million rural healthcare fund fails to offset the broader damage.
- Proponents of the law explained that budget cuts were intended to exclude populations from accessing benefits, claiming these changes would help them gain employment, though the report predicts the measures make it harder for recipients to find jobs.
- Even larger economic losses loom when provisions of Trump's "Big Beautiful Bill" take full effect, as nationwide state economies could lose more than $118 billion in output and nearly one million jobs by 2029.
7 Articles
7 Articles
Ohio Job Cuts Could Reach 51,000 by 2029 Following Trump's Budget Reductions, New Analysis Finds
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 sup…
Red state to lose 51K jobs because of Trump's signature law: analysis
Ohio will lose 51,000 jobs and $5.3 billion from the state economy in 2029, according to a new analysis.That’s the effect that cuts to Medicaid and food assistance under a massive 2025 spending law will have when they’re fully phased in. It’s also the consequence of Republicans allowing Affordable C...
Dayton Daily News
Ohio will lose 51,000 jobs, $5.3 billion due to Trump cuts by 2029, new analysis finds
Ohio will lose 51,000 jobs and $5.3 billion from the state economy in 2029, according to a new analysis.
Ohio Capital Journal: Ohio will lose 51,000 jobs, $5.3 billion due to Trump cuts by 2029, new analysis finds - Ohio Democrats
COLUMBUS, OH – Donald Trump and Washington Republicans’ economic policies are devastating Ohio families, with a new analysis emphasizing that under their spending bill, Ohio will lose more than 50,000 jobs – the eighth most jobs lost of any state in the country – and more than $5B from the state economy by 2029. This new analysis is also making clear that while Trump and Washington Republicans are implementing massive cuts to Medicaid and SNAP f…
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