On July 4, President Trump signed the One Big Beautiful Bill Act (P.L.119-21). Congress used the budget reconciliation process to extend expiring 2017 tax cuts and other Administration priorities, while using health care, especially Medicaid, to partially pay for the new law. The Congressional Budget Office (CBO) estimates that Medicaid would be cut by over $1 trillion through work requirements, changes to provider taxes and other provisions leaving an estimated 10 million people uninsured by 2034. The negative effects to health care from this bill will be wide-reaching. Check out our HLB summary here.
