Medicaid, GOP and Senate
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The Senate Finance Committee on Monday unveiled its portion of President Trump’s “big, beautiful bill,” containing provisions on Medicaid, taxes and green energy tax credits. The committee’s text
Senate Republicans are proposing deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump's tax breaks more permanent.
The House-passed version of the bill would extend Trump's 2017 income tax cuts and implement new temporary tax breaks for tips and overtime. It would create new federally-seeded savings account for children and give seniors an additional tax credit. It would pour billions of dollars into the administration's deportation plans and on defense.
Senate Republicans are taking a bigger swing at Medicaid in their version of legislation to fund President Trump’s domestic policy agenda and extend his first-term tax cuts. According to text released by the Senate Finance Committee late Monday,
House GOP leaders have been urging senators to make only minimal changes to their legislation to hold together their razor-thin majority.
The Senate Finance Committee on Monday released its version of the GOP’s package that calls for enacting sweeping cuts to Medicaid and preventing a multi-trillion dollar tax hike on Americans.
The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
The health policy nonprofit KFF estimated between 120,000 and 190,000 people in Colorado could lose their insurance, mostly through falling off the Medicaid rolls, over the next 10 years.