US EditionTrump’s ‘big, beautiful bill’ will lead to Medicare cuts: CBO
- President Donald Trump personally lobbied House Republicans on May 20, 2025, to support the 'One Big Beautiful Bill Act' that proposes large tax cuts and spending changes.
- The bill aims to extend Trump’s 2017 tax cuts and reduce Medicaid spending, but faces opposition from fiscal conservatives and some moderates concerned about rising deficits and insufficient spending cuts.
- The nonpartisan Congressional Budget Office estimates that the legislation would add approximately $3.8 trillion to the deficit over the next ten years and result in nearly 8.6 million individuals being uninsured due to changes in Medicaid and the Affordable Care Act.
- Unions representing millions of public service workers have initiated a $2 million advertising and outreach effort to oppose the bill, warning that proposed Medicaid reductions and other measures jeopardize both employment and public services.
- The bill’s fate remains uncertain as House Republicans navigate internal divisions, with some holding out against it and Speaker Mike Johnson pushing for a vote by Memorial Day 2025.
29 Articles
29 Articles
What’s In Trump’s ‘Big Beautiful Bill’?
House Republicans passed the One Big Beautiful Bill Act to implement President Donald Trump’s agenda in an early morning session on May 22. The legislative package, totaling more than 1,000 pages, wraps in provisions that touch almost every area of federal policy and spending, ranging from tax cuts to Medicaid to the border. Though it makes spending cuts across several sectors of the federal government, the Congressional Budget Office (CBO) has …
Elon Musk’s AI Bot Gives Incredibly Harsh Analysis of Trump’s Big Beautiful Bill
AP Photo/Alex Brandon Elon Musk’s AI chatbot offered a harsh and blunt analysis of President Donald Trump’s “big beautiful bill” on Thursday, saying it’s “likely to increase the budget deficit.” The Republican-led House passed the “One Big Beautiful Bill Act” early on Thursday morning by a single vote. Some Republican lawmakers called for the massive budget bill to be broken into separate pieces and for further spending cuts. In a response on X …
Will Wall Street jitters stop Trump’s Big, Beautiful Bill?
Donald Trump has already caved in on tariffs, pausing the “retaliatory levies” he announced on “Liberation Day” at the beginning of April. Now the President is under pressure from the markets on spending. As his “Big, Beautiful Bill” on the budget goes through Congress, investors are panicking over the mix of spending and tax cuts, with bond yields spiking sharply upwards and equities falling. President Trump will now have to decide whether to y…
Medicare Cuts, Office Closures & Delays: What Trump’s New Rules Mean for Retirees
So, if you’ve been catching headlines or hearing rumors about Social Security under Trump’s second term, you’re not alone — a lot of people are wondering what’s true, what’s changing, and what it all actually means for their monthly checks. Let’s clear the air together. 1. They Might Raise the Retirement Age (Again) Right now, most folks know they need to wait until 67 to get their full Social Security benefits. But there’s talk in Washington ab…
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