Trump, Medicaid and Bill
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Major changes could be coming to Arizona’s health care funding after House Republicans approved President Donald Trump’s legislative package, officially titled the “One, Big, Beautiful Bill."
Senate Majority Leader John Thune can afford to lose three Republican senators and still pass the bill, and there are more than that, right now, who have problems with it. Like the House, he will have to balance the concerns from moderate and conservative members of his conference.
More than 7 million people will lose Medicaid coverage over the next 10 years if the bill becomes law, according to the Congressional Budget Office.
Reed cited projections that 40,000 Rhode Islanders would lose health insurance coverage by 2034 as a result of cuts to Medicaid.
House and Senate leaders are broadly aligned on the tax bill and have been meeting regularly to avoid points of conflict. But Senate Republicans made clear the compromise, a product of frenzied last-minute negotiations, must be negotiated again after it passed the House by a single vote on Thursday.
Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
The White House says the House GOP's tax cuts will usher in an economic boom. Top economists say the upside is negligible.