Balanced state budget 'doable' even with Medicaid expansion costs, key lawmaker says

LINCOLN — Nebraska appears within “shouting distance” of balancing its next two-year budget even after incorporating the cost of Medicaid expansion.

New projections released Thursday show a smaller budget gap than earlier predicted in the period ending June 30, 2021.

The figures include $48 million to extend Medicaid coverage to more low-income Nebraskans, as required under a ballot measure approved by voters last week.

But the numbers leave little for property tax reductions or other major spending initiatives.

Read more: https://www.omaha.com/news/legislature/balanced-state-budget-doable-even-with-medicaid-expansion-costs-key/article_a27656c6-9e19-5307-9710-3304dde76721.html