Millions of Americans could lose health care coverage under a long-awaited proposal unveiled Sunday night by U.S. House Republicans that would slash $880 billion in federal Medicaid spending. Why it matters: States have been bracing for details on how exactly House Republicans would slash Medicaid funding,

Texas hospitals are facing a freeze in billions of dollars in federal Medicaid funding under a budget proposal introduced by House Republican leaders Sunday night. Republicans are moving to limit access to a tax loophole that Texas and other states have used to tap extra Medicaid dollars for hospitals and medical providers.

Health care providers at the American Hospital Association’s annual meeting warned that cuts to Medicaid could force hospitals to close.