The Congressional Budget Office (CBO) has criticized the 'Big, Beautiful Bill,' a proposed budget plan, indicating it could add $2.4 trillion to the national debt and result in 10.9 million Americans losing health insurance due to Medicaid and Affordable Care Act cuts. The bill barely passed the House with a vote of 215-214. Although Senate Republicans claim cuts trim waste within Medicaid, the CBO forecasts significant decreases in enrollment. President Trump is actively advocating for the Senate to expedite the bill, putting pressure on lawmakers to finalize the budget proposal quickly.
The Congressional Budget Office warns that the 'Big, Beautiful Bill' could increase national debt by $2.4 trillion and leave 10.9 million more Americans uninsured.
CBO's analysis estimated that crucial Medicaid cuts would leave 7.8 million fewer people enrolled, posing serious risks to health insurance coverage in the U.S.
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