More Than 70 Million Americans Are on Medicaid. Here’s What to Know About the Program
Medicaid, the health insurance program for low-income Americans that provides coverage for more than 70 million people,faces its biggest overhaul in decadesunder President Donald Trump’s “One, Big, Beautiful Bill,” a massive tax and spending package now being considered by the Senate that would slash its funding.
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Both the House and Senate versions of the bill, which is still undergoing changes as the upper chamber votes on amendments, would reduce funding for the program by hundreds of billions of dollars, according to the nonpartisan Congressional Budget Office (CBO). Nearly 12 million adults could lose health insurance because of the proposed cuts in the Senate’s revised bill over the next decade, the CBO estimated in a Saturday report. Much of the cuts are expected to come through imposing new administrative requirements on enrollees, or risk losing their coverage.
The White House has rejected the CBO’s findings, insisting that the cuts to the pr..