The Institute for Policy Studies (IPS) report, citing data from Forbes, has found that U.S. billionaires' assets surged by a whopping 21 percent in 2025. The 935 billionaires in the U.S. now control $8.1 trillion in wealth, the analysis found - nearly double the amount of wealth held by the bottom 50 percent of Americans, which comprises over 170 million people. Roughly a dozen of these billionaires work in the Trump administration.
An analysis by the Greater New York Hospital Association estimates that Trump's megabill will risk $14.4 billion in hospital-generated economic activity and over 63,000 healthcare or healthcare-related jobs. The cuts will exacerbate the stress on the already fragile healthcare system, leading to a reduction in critically needed services, downsizing of operations, or even hospital closures.