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GOP leaders seek to quell debt revolt
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CBO: Nearly 11 million people will be uninsured if GOP megabill becomes law
Nearly 11 million people would lose health insurance under the House Republican tax bill, mostly due to cuts to Medicaid and the Affordable Care Act (ACA), according to the nonpartisan Congressional Budget Office (CBO).
The CBO's latest report estimates that 10.9 million people would be uninsured over the next decade if the spending package, which includes much of President Trump's legislative agenda, were enacted.
That total includes an estimated 1.4 million ...
Trump tax bill would add $2.4 trillion to the deficit over a decade: CBO
President Trump’s “big, beautiful bill” would add $2.4 trillion to the nation’s deficit over roughly the next decade, a new cost estimate from the Congressional Budget Office (CBO) shows.
The agency estimated the proposed tax cuts in the plan — which seek to lock in expiring provisions in Trump signature 2017 tax law, along with a host of other add-ons — would decrease revenues by more than $3.6 trillion over that time frame.
Meanwhile, accompanying measures...
Morning Report — Musk critique complicates GOP’s megabill push
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Republicans seek ObamaCare rollback in Trump’s megabill
Republicans are seeking a major rollback of ObamaCare coverage under the House-passed megabill that would result in millions of people losing insurance coverage to help pay for President Trump's tax cut extension.
The changes, which echo some of the debate surrounding the 2017 effort to repeal the health care law, have largely flown under the radar amid the heated debate over the bill's billions of dollars in Medicaid cuts.
Democrats want to change th...
Obama says Republicans are putting millions of Americans’ healthcare at risk
Rare intervention from former president urges people to call their senators to oppose Trump tax bill
Barack Obama has warned that Congress is putting millions of Americans at risk of losing healthcare coverage, in a rare intervention from the former president as the Republican party advances legislation that would gut major provisions of the Affordable Care Act.
“Congressional Republicans are trying to weaken the Affordable Care Act and put millions of people at risk of losing their health care,” Obama posted on social media. “Call your Senators and tell them we can’t let that happen.”
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Morning Report — Trump sprints to the high court with emergency appeals
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New York lieutenant governor launches primary challenge against Hochul
New York Lt. Gov. Antonio Delgado will challenge Gov. Kathy Hochul in the governor's race next year, becoming the first prominent Democrat to launch a primary challenge against his current boss.
Delgado’s announcement on Monday doesn’t come as a major surprise, as he revealed in February that he didn’t plan to run for reelection as lieutenant governor next year but would explore “all options.”
Hochul appointed Delgado to serve as her second-in-command in 20...
Medicaid cuts will harm rural Republican communities most
Though President Trump promised a “big beautiful” budget bill, what narrowly passed the House of Representatives in the early morning hours of May 22 will be anything but a big beautiful win for millions of marginalized Americans, and Medicaid beneficiaries won’t be the only ones who feel the pinch.
In fact, if passed, this legislation would destabilize the publicly insured and privately insured alike, especially in America’s many rural communities.
Trump’s budget d...