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Concerns for Medicaid Remain as Ohio Elected Leaders Play Key Role in Trump's 'Big Beautiful Bill' Victory

  • Early Tuesday, the U.S. Senate passed President Donald Trump’s bill after Vice President JD Vance broke a 50-50 tie, with Trump aiming to sign it on Independence Day.
  • Driven by Republican lawmakers, the bill extends Trump’s 2017 tax cuts, adds new breaks like no tax on tips and overtime, funded by nearly $1 trillion in Medicaid reductions.
  • Analysis projects that the bill cuts $1 trillion from Medicaid, removing insurance for nearly 12 million, causing 477,000 health care jobs to vanish, and slashing SNAP by 30% worth $285 billion.
  • Following Senate approval, 55 rural hospitals face closure, ICE receives tens of billions for detention, and income-driven student loan programs are eliminated.
  • Beyond immediate effects, the bill will add $3–4 trillion to the $36 trillion national debt and primarily benefit wealthy white households, deepening economic inequality.
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The U.S. president wants to push his budget bill through Congress. It could kill millions of Americans for their health insurance and blow up the debt.

·Munich, Germany
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Bias Distribution

  • 36% of the sources lean Left, 36% of the sources are Center
36% Center
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RealClearMarkets broke the news in on Tuesday, July 1, 2025.
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