The Trump administration's "Big, Beautiful Bill" proposes reducing Medicaid spending by $800 billion over the next decade, potentially removing 8 million Americans from the program. While the Congressional Budget Office warns of significant coverage loss, the administration claims no one will lose their insurance. Kevin Hassett, director of the National Economic Council, defended the bill, labeling the CBO's projections as unreliable and citing past inaccuracies. He did not provide an alternative model to support the administration's claims, instead focusing on supposed past successes.
The Trump administration's "Big, Beautiful Bill" will reduce Medicaid spending by about $800 billion over the next decade by kicking some 8 million Americans off the program's rolls.
Hassett made his sales pitch. "It's sound budgetary politics," he said. "And I think that nobody's going to lose their insurance."
If the Trump administration's estimate is based on an alternative model, Hassett did not share it. Instead, his argument was a purely negative one.
Hassett explained that the CBO cannot be trusted because it has been wrong in the past, specifically during the debate over ACA repeal.
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