Donald Trump's decision to extend the 2017 tax cuts has raised concerns over potential cuts to Medicaid and food stamp programs, aimed at offsetting a projected $4 trillion addition to the national debt.
Amid fears of political backlash, Republicans are debating cuts to social safety nets affecting 70 million Americans to fund a tax cut that primarily benefits wealthy households.
The GOP's strategy includes imposing work requirements and stricter eligibility checks on Medicaid, which could lead to savings of up to $260 billion, while navigating the challenges posed by existing inflation and economic pressures.
Traditional Republican concerns regarding the ballooning costs of Medicaid stem from its expansion under the Affordable Care Act, prompting discussions on how to balance fiscal responsibility against serving vulnerable populations.
Collection
[
|
...
]