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,

The proposal, which is to be considered this week by a key House panel, omits some of the furthest-reaching reductions to the health program but would leave millions without coverage or facing higher costs.