Latest news with #uninsured
Reuters
6 days ago
- Business
- Reuters
Trump tax bill would increase number of uninsured by 11 million, CBO says
June 4 (Reuters) - The nonpartisan Congressional Budget Office on Wednesday projected that President Donald Trump's tax-cut bill, as passed by the U.S. House of Representatives, would increase the number of uninsured by 10.9 million in ten years. Another 5.1 million people would lose access to health insurance over that period under current law, the CBO said.
New York Times
07-05-2025
- Health
- New York Times
G.O.P. Plans to Cut Medicaid Would Save Billions but Leave More Uninsured, Budget Office Says
As Republicans in Congress wrestle with options for cutting Medicaid costs, the Congressional Budget Office has estimated that the leading plans under consideration could yield significant savings — but would also increase the share of Americans who are uninsured. The office considered several options as Republicans attempt to find hundreds of billions of dollars in cuts from Medicaid spending to help offset the costs of tax cuts they hope to extend. But two leading proposals that would help reach that goal would leave millions without health coverage, according to the office's estimates. One option, to limit the way states use a tax loophole to increase federal spending on Medicaid, would save $668 billion but cause 3.9 million more Americans to go without health insurance. Another option, which would lower federal spending on Medicaid beneficiaries who are part of the Obamacare expansion of the program, would save the government $710 billion over a decade, but cause 2.4 million more people to become uninsured.
