The Senate Republicans' tax proposal is set to significantly reduce federal funding for health provisions including Medicare, Medicaid, and the Affordable Care Act by $1.1 trillion by 2034, according to a Congressional Budget Office analysis. This would lead to approximately 11.8 million individuals losing their health insurance, a number larger than what was projected in the House version of the bill. Notably, most of these cuts stem from stringent work requirements for Medicaid, despite evidence suggesting that such measures would not effectively increase employment among recipients.
The Senate Republicans' tax bill could slash $1.1 trillion from health provisions by 2034, leading to an estimated 11.8 million people losing their health insurance.
Medicaid faces a cut of over $1 trillion, primarily due to stringent work requirements, although most working-aged adults on Medicaid already have jobs.
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