Medicaid Requiring Expenditures for Public Objectives to be Reflective of Total Spending Act or the Medicaid REPORTS Act This bill amends title XIX (Medicaid) of the Social Security Act to require a state to report annually on the sources of funds used by the state to finance the nonfederal share of its Medicaid expenditures. The Centers for Medicare & Medicaid Services shall make the information included in the report publicly available on its website.