Trump, Medicaid and Bill
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An unexpected name kept coming up as House Republicans crafted their multi-trillion dollar legislative package slashing Medicaid and taxes for the wealthy: Bill Clinton. On the House floor, during committee hearings and in hallway interviews,
The "Big, Beautiful Bill" extends the $4.5 trillion in tax breaks implemented during Trump's first term in 2017, and adds new tax cuts Trump promised while campaigning in 2024, including no taxes on tips, overtime pay, car loan interest and others.
Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
There’s a stark contrast between the effects on high earners and those on low-income households in a sprawling legislative package House Republicans passed Thursday.