If maximum matching contributions have been made since the child turned 18, then when he/she turns 38, there will be no further federal contributions available.
His replacement had to commit to an $8.55 billion cap on federal contributions.
And it has opposed legislation to increase federal contributions to Medicaid.
The 51 funds are capitalized in part by federal and state contributions.
New York was the only state that had been receiving a federal contribution for the program.
It hopes for a federal contribution of about $1.3 billion.
This is in addition to deductions from pay for federal contribution to social services.
The federal contribution is currently $5 billion a year.
Under the Democratic senators' proposal, the federal contribution would increase gradually, so the government would pay a growing share as a person's drug costs rose.
If after three years the schools fail, then the federal contribution should go to parents to spend at competing private schools.
