Opioid crisis costs US $2.7T

The Council of Economic Advisers released a study finding that the opioid epidemic cost the U.S. $2.7 trillion in 2023.

The method: The study used a 2017 Centers for Disease Control and Prevention report (which found costs were $1.02 trillion) adjusted to account for inflation trends and changes in opioid deaths and opioid use disorder (OUD).

The findings:

Source: Fentanyl’s financial grip on US skyrocketed to $2.7T at height of Biden admin: study (Fox News)

RFK Jr. confirmed as HHS secretary

The big news: Senators voted 52-48 to confirm Robert F. Kennedy, Jr. to be Department of Health and Human Services (HHS) secretary, and he was sworn into office.

The details: Following Kennedy’s swearing-in ceremony, Trump signed an executive order establishingThe President’s Commission to Make America Healthy Again,” which Kennedy will chair, to deliver a “MAHA strategy” for addressing chronic disease (particularly among children), promoting data transparency and reducing “conflicts of interest” in health research.

In an interview hours after his confirmation as HHS secretary, Kennedy outlined his priorities…

BUT:

Trump nominates experienced DEA veteran

President Trump nominated Terry Cole, Virginia’s secretary of public safety and homeland security, to be the next Drug Enforcement Administration (DEA) administrator.

The details:

The announcement:

Next steps: Cole will need to undergo Senate confirmation.

Source: Trump nominates Virginia public safety secretary to lead DEA (Politico); Trump nominates Virginia public safety official to head DEA (The Washington Post)

GOP budget plan threatens Medicaid

House Budget Committee Republicans advanced a fiscal blueprint for their reconciliation bill after weeks of delay.

The amounts: The budget resolution includes specific instructions to House committees.

Why it’s important: That figure means lawmakers would likely need to enact deep cuts to Medicaid, as the bulk of savings would have to come from that.

The details: Policies that could help lawmakers reach that target include:

The reactions:

What’s coming: A vote by the full House on the blueprint when the House returns from recess later this month.

Take action: Send a letter to your members of Congress urging them to protect Medicaid.

Source: What’s in the House GOP budget (Politico); Energy and Commerce Committee’s Medicaid problem just got tougher (Politico); House Republicans advance their budget after appeasing hard-liners (Politico); Sweeping safety-net cuts have GOP centrists questioning Johnson’s budget (Politico); GOP’s Medicaid Quandary (Axios)