Trump, Medicaid
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Republicans are seeking to limit a tax loophole that gives states more federal matching funds. Many state budgets could be hurt.
The Senate version has two key provisions that would affect the wallets of seniors. Those planks could change even more.
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MiBolsilloColombia on MSNChamber analyzes cuts against Medicaid, if approved, these will be the consequencesThe U.S. House of Representatives is moving forward with a fiscal package proposing significant cuts to Medicaid, a crucial health insurance program for low-income individuals.
The nonpartisan Congressional Budget Office predicted the megabill would spur economic growth, but this would not be enough to offset the rising deficit.
The 'One Big Beautiful Bill' (OBBB), led by President Trump, narrowly passed the House and is now under Senate review. Promising the largest tax cut in U.S. history, it aims to reduce the deficit by $1.
President Donald Trump and congressional Republicans are promising that their sweeping tax and spending cuts package will usher in an era of historic economic growth.