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.

It sets up a potential showdown with fiscal conservatives, who have pushed their colleagues to overhaul the program and want the final Republican tax package to cut as much money