3 days ago
Trump tax law could cause Medicare cuts if Congress doesn't act, CBO says
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Democrats, who requested the analysis from CBO, jumped on the potential cuts.
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'Republicans knew their tax breaks for billionaires would force over half a trillion dollars in Medicare cuts — and they did it anyway,' said Rep. Brendan F. Boyle, the top Democrat on the House Budget Committee, in a statement. 'American families simply cannot afford Donald Trump's attacks on Medicare, Medicaid, and Obamacare.'
Hospitals in rural parts of the country are already grappling with cuts to Medicaid, which is available to people with low incomes, and cuts to Medicare could exacerbate their shortfalls.
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As Republicans muscled the bill through Congress and are now selling it to voters back home, they have been highly critical of how CBO has analyzed the bill. They have also argued that the tax cuts will spur economic growth and pointed to $50 billion in funding for rural hospitals that was included in the package.
