#medicare-cuts

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fromTruthout
2 weeks ago

Top 15 US Billionaires Gained Nearly $1 Trillion in Wealth In Trump's First Year

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.
US politics
US politics
fromFortune
5 months ago

Trump's tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns

Automatic cuts to Medicare could occur from 2027 to 2034 due to federal budget deficits under Trump's tax and spending law.
Brooklyn
fromBrooklyn Paper
6 months ago

'Big Beautiful Cuts': Protestors blast Malliotakis over healthcare 'Poison Pill' * Brooklyn Paper

Federal budget cuts to Medicare and Medicaid threaten healthcare access for millions of New Yorkers, risking $14.4 billion in economic activity and over 63,000 jobs.
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