Schumer introduces legislation to reverse Medicaid cuts, aiming to protect healthcare access for over 30,000 in the Capital Region.
Quiver AI Summary
Senate Minority Leader Chuck Schumer has announced new legislation, the "Protecting Health Care And Lowering Costs Act," aimed at reversing Medicaid cuts linked to Trump's healthcare reforms. During a press conference at St. Mary’s Hospital, he highlighted the critical need to protect over 30,000 New Yorkers who risk losing healthcare services due to budget deficits.
Schumer stated, "This is a gut punch to Capital Region healthcare," citing alarming financial strains on hospitals and increased costs for families. The legislation seeks to extend ACA premium tax credits, crucial for keeping healthcare affordable amidst rising expenses.
Schumer's proposals have bipartisan support from Senate Democrats who are concerned about the broader implications of the cuts, which are projected to adversely affect many rural hospitals and their ability to serve local communities effectively.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Charles E. Schumer Net Worth
Quiver Quantitative estimates that Charles E. Schumer is worth $2.0M, as of August 28th, 2025. This is the 254th highest net worth in Congress, per our live estimates.
Schumer has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Charles E. Schumer's net worth on Quiver Quantitative's politician page for Schumer.
Charles E. Schumer Bill Proposals
Here are some bills which have recently been proposed by Charles E. Schumer:
- S.2681: Lowering Electric Bills Act
- S.2556: Protecting Health Care and Lowering Costs Act
- S.2009: Charles B. Rangel Congressional Gold Medal Act
- S.1929: SEPSIS Act
- S.1804: Presidential Airlift Security Act of 2025
- S.1741: Truth in Tariffs Act
You can track bills proposed by Charles E. Schumer on Quiver Quantitative's politician page for Schumer.
Charles E. Schumer Fundraising
Charles E. Schumer recently disclosed $102.1K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 610th most from all Q2 reports we have seen this year. 96.6% came from individual donors.
Schumer disclosed $450.5K of spending. This was the 99th most from all Q2 reports we have seen from politicians so far this year.
Schumer disclosed $8.7M of cash on hand at the end of the filing period. This was the 19th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Charles E. Schumer's fundraising on Quiver Quantitative.
