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| The Senate's version of President Donald Trump's 'Big Beautiful Bill Act' passed the House of Representatives Thursday on a 218-214 vote Thursday, and Trump is expected to sign it into law on Friday at 5 PM Eastern Time. But one expert says Republicans' political headache has just begun. One of the most notable items in the bill is its cutting of federal support for Medicaid (the program that provides health insurance for low-income and disabled Americans) by more than $1 trillion over 10 years, in order to pay for a 10-year extension of tax cuts that primarily benefit the wealthiest Americans. According to the nonpartisan Congressional Budget Office (CBO), the bill could throw nearly 12 million people off of their health insurance over the next decade. The bill also cuts hundreds of billions of dollars from the Supplemental Nutrition Assistance Program (SNAP, or food stamps), which millions of low-income Americans rely on to afford groceries. |
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At www.alternet.org from AlterNet
At www.alternet.org from AlterNet
