Bessent: Only DC 20% hike=cut Medicaid funding up 20%; work requirements popular under Clinton/Obama

In this report, we cover the key points from the video “Bessent: Only DC 20% hike=cut Medicaid funding up 20%; work requirements popular under Clinton/Obama.” Watch the full video above for complete coverage and context.

Scott Bessent: “Only in D.C. is a 20% hike over 10 years a ‘cut’ … Medicaid funding will go up 20% over the next 10 years. The people who Medicaid was designed for: pregnant women, the disabled, and families with children under 14, will be refocused.”

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Scott Bessent reminds Dana Bash that Medicaid work requirements were “very popular under Bill Clinton… popular under President Obama.”

“Work requirements even poll well with the median Democratic voter.”

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Scott Bessent: “For 20 years, the big lie was that this kind of mass, unfettered immigration didn’t hurt working people’s wages…

… Wall Street has done well. Now, it’s time for Main Street to do well… and that’s the One Big Beautiful Bill.”

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Bessent: Only DC 20% hike=‘cut’ Medicaid funding up 20%; work requirements popular under Clinton/Obama

Key Points

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Scott Bessent: “Only in D

• is a 20% hike over 10 years a ‘cut’
• Medicaid funding will go up 20% over the next 10 years
• The people who Medicaid was designed for: pregnant women, the disabled, and families with children under 14, will be refocused