WASHINGTON -- A tentative agreement between federal regulators and representatives of the National Governors' Association to ease and delay new Medicaid financing rules has been rejected by most governors and many public interest groups, witnesses at a Senate hearing said yesterday.

The House, meanwhile, was on the verge late yesterday of voting on legislation that would delay for nine months the Jan. 1, 1992, effective date of the regulations, which would prevent certain types of state funds from being eligible for matching dollars under the Medicaid program.

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