Trump's tax cut bill decimates Medicaid in NJ. Republicans are accountable
NEW JERSEY, UNITED STATES, JUL 8 – The $1 trillion Medicaid reduction over the next decade may cause 350,000 residents to lose NJ FamilyCare coverage and trigger $3.3 billion in hospital funding cuts, officials said.
- President Donald Trump signed the federal budget package known as the Big, Beautiful Bill on July 4, 2025, enacting sweeping tax cuts and spending changes.
- The bill sustains many 2017 Trump tax cuts while implementing about $1.2 trillion in Medicaid and food stamp reductions through stricter work requirements, raising concerns about coverage losses.
- New Jersey faces $360 million in annual federal aid cuts, with hospitals expecting $3.3 billion less funding, and more than 350,000 residents likely losing Medicaid coverage, affecting NJ FamilyCare.
- Speaker Mike Johnson called the bill 'jet fuel' for the economy, projecting 3% growth, 4 million new jobs, and $13,000 average household income increases, while Democrats label it a wealth transfer favoring the rich.
- House Budget Chair Jodey Arrington said Republican lawmakers plan to reintroduce provisions cut for parliamentary reasons in future legislation, indicating ongoing efforts to advance this economic agenda.
16 Articles
16 Articles
'Big beautiful bill' concerns are the dramatic cuts to Medicaid, social safety net: Harvard's Furman
Jason Furman, Harvard professor and former CEA chair, and Kevin Brady, former Chair of the House Ways and Means Committee, joins 'Squawk Box' to discuss the tax impact of the budget bill, any issues with Medicaid and much more.
As Trump and Republicans make $1 trillion in cuts, Ohioans on Medicaid say coverage is life-saving
President Donald Trump holds up the "big, beautiful bill" that was signed into law as during a Fourth of July military family picnic on the South Lawn of the White House on July 4, 2025 in Washington, D.C. (Photo by Alex Brandon - Pool/Getty Images)For 37-year-old Kyle Garvey, a typical day includes writing film reviews and doing some tutoring. To do those things, the Columbus resident first needs to get out of bed. Having had cerebral palsy sin…
Rep. Bynum vows to fight for Medicaid restoration after major cuts
OREGON CITY, Ore. (KOIN) — Leaders in Oregon and Washington D.C. are working to figure out how the President's tax and spend bill will affect patients on Medicaid for their healthcare. Almost a million and a half Oregonians are enrolled in the Oregon Health Plan, the state's Medicaid program. Atrops sentenced to life for murder of estranged wife Oregon Right now, healthcare providers are bracing for cuts that could affect their patients as…
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