CBO says Trump budget bill contains $500B in Medicare cuts
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Medicaid has become a key hot button topic in the sweeping tax and spending cuts bill that House Republicans are scrambling to pass as soon as this week.
Republicans’ tax-and-spending cut bill will take from the poor and give to the rich, Congress’s official scoring body has found. The Congressional Budget Office (CBO) found in a Tuesday analysis
To attract buyers for the bonds that will finance that deficit, the federal government will have to pay higher interest rates.
Scanlon’s district has already absorbed a blow, losing Crozer-Chester Medical Center, which had been Delaware County’s essential healthcare facilities.
According to a 2022 CBO report, the baseline household income for Americans in the lowest tenth of the distribution is $32,200, after taxes and transfers. That figure increases to $444,600 for Americans in the highest tenth of the distribution.
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As House Republicans continue to wrangle over the “one big beautiful bill,” a new analysis released late Tuesday projects the massive reconciliation package would decrease resources for low-income
More than an estimated 8 million recipients could lose Medicaid coverage, according to a CBO analysis requested by House Democrats. Republicans say they're targeting able-bodied adults and undocumented immigrants, but other beneficiaries could also be impacted.