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Trump's Tax Bill Risks 11.8 Million Losing Health Coverage

6/30/2025

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Summary

Story summary

Senate Republicans are pushing forward with President Trump's ambitious tax and spending bill, targeting a July 4 deadline. However, the Congressional Budget Office warns that 11.8 million Americans may lose health insurance as Medicaid and other programs face significant cuts. Some Republicans are voicing concerns about the potential fallout on healthcare.

History

Historical Context

The Tax Cuts and Jobs Act, enacted in December 2017, significantly altered the U.S. tax code and repealed the Affordable Care Act's individual mandate. The Congressional Budget Office projected that by 2027, 13 million Americans could lose health insurance due to these changes, echoing concerns raised during the ACA debates in 2010, and continuing to shape discussions on healthcare policy and fiscal responsibility.

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Story summary

Senate Republicans are pushing forward with President Trump's ambitious tax and spending bill, targeting a July 4 deadline. However, the Congressional Budget Office warns that 11.8 million Americans may lose health insurance as Medicaid and other programs face significant cuts. Some Republicans are voicing concerns about the potential fallout on healthcare.

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