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Millions of people could lose insurance under GOP Medicaid options: Congressional Budget Office

  • The nonpartisan Congressional Budget Office released a report on Wednesday estimating millions would lose Medicaid coverage under GOP proposals.
  • The report followed requests by Rep. Frank Pallone and Sen. Ron Wyden amid GOP efforts to extend tax breaks expiring later this year.
  • House Republicans seek $1.5 trillion in cuts across programs to offset $4.5 trillion in tax breaks, facing opposition from centrist GOP lawmakers.
  • The CBO found roughly 10 million would lose Medicaid coverage, increasing the uninsured, with Pallone stating the analysis “confirms what we’ve been saying all along.”
  • The findings cast doubt on whether House Speaker Mike Johnson can secure enough support to approve the bill before his self-imposed Memorial Day deadline, amid increasing concerns among lawmakers and economic uncertainties.
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Political Wire broke the news in New York, United States on Wednesday, May 7, 2025.
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