Texas Attorney General Ken Paxton on Friday announced he filed a lawsuit against the Biden administration over its decision to rescind a Medicaid waiver extension that would provide billions of dollars to state hospitals. When federal officials in April rescinded the extension, they said Texas can re-apply when the waiver extension expires in 2022.  Liz Richter, the acting administrator of the Centers for Medicare and Medicaid Services, said the Trump administration “did not go through the full federal rulemaking process” and then rescinded the waiver. Describing President Joe Biden’s decision as a “power grab,” Paxton said on Friday that the bid to stip Texas’s 1115 Medicaid waiver extension would prevent “stable funding for providers of healthcare for children, people with disabilities, and the elderly.” “Not only does this violate agency regulations and threaten to rip a $30 billion hole in Texas’s budget, it was clearly intended to force our state into …