July 24, 2025

New Federal Budget Resource Available for Residents, Families and Caregivers

On July 24, 2025 by LeadingAge Minnesota

As shared in last week’s Advantage, there are still several unknowns for how the federal budget bill, also known as the “One Big Beautiful Bill”, will impact older adults and the services they need. Minnesota budget officials estimate that the law will result in nearly $500 million in annual losses to our Medicaid program. Most of those reductions will not take effect until Jan. 1, 2027, or later, and will be subject to future state action by the Minnesota Legislature.

Factsheet

LeadingAge Minnesota has created a factsheet that members may use with residents and their families, as well staff, which aim to help answer the most common questions we have received so far. It is important that we remain engaged with our state lawmakers to ensure their future actions do not exacerbate the cuts and regulatory burdens they just enacted in 2025.

The factsheet can be accessed here, and is available under the Advocacy button on LeadingAge Minnesota’s Resources page.