Millions will lose Medicaid under Trump's tax law. Here's the final tally.

[Maze]

Millions will lose Medicaid under Trump's tax law. Here's the final tally.​

Millions will lose Medicaid under Trump's tax law. Here's the final tally.

The CBO also estimated low-income Americans will lose about $1,200 per year due to Medicaid changes and reductions in food assistance.

www.usatoday.com

About 10 million Americans are expected to lose health insurance under President Donald Trump's tax cut and spending law, the nonpartisan Congressional Budget Office said.

Over the next decade, 7.5 million people will lose Medicaid coverage because of changes under the law, the CBO said in an analysis released Aug. 11. Nondisabled adults on Medicaid will be required to get a job, volunteer or enroll in school to maintain their Medicaid coverage. And states must double Medicaid eligibility checks to twice a year.

Another 2.1 million people will shed Affordable Care Act coverage over the next decade, the CBO said. And 400,000 more will lose coverage as a result of the law − known as the "one big, beautiful bill" − which was backed by congressional Republicans.


The CBO earlier said the legislation, which Trump signed July 4, would add $3.4 trillion to the federal deficit. The law extends the 2017 tax cuts, ends taxes on tips and overtime, and bolsters border security, among other things.

The CBO also estimated poorer Americans − those earning less than $23,750 annually and who pay about $2,300 of that in federal taxes − will lose about $1,200 a year because of Medicaid changes and reductions in food assistance. Middle-income households are expected to gain $800 to $1,200. Meanwhile, the law's tax cuts will benefit wealthier Americans by about $13,600 a year. Those families, who earn more than $690,000 annually, still will pay nearly $200,000 in federal taxes a year, the CBO said.

Need a break? Play the USA TODAY Daily Crossword Puzzle.
Sabrina Corlette, co-director of Georgetown University's Center on Health Insurance Reforms, said the CBO report shows who benefits and who doesn't under the legislation.

"This is one of the most regressive pieces of legislation I've seen," Corlette said. "The rich will get richer and the poor will get poorer."

Millions more could lose their health insurance​

When the bill passed the Senate, the CBO estimated it would leave about 11.8 million Americans without health insurance through 2034. The law signed by Trump won't cut as deep because it excluded a provision that would've penalized states extending Medicaid to undocumented residents.


Still, nearly 5 million could lose coverage if Congress doesn't extend the expiring COVID-19 pandemic-era tax credits that have made Affordable Care Act plans more affordable for consumers, according to earlier CBO estimates.

Consumers who use those pandemic-era tax credits will see the amount they need to pay spike an average of more than 75%, according to KFF, a health policy nonprofit.


The combination of the tax law, expiring tax credits and overall rising medical costs will make insurance premiums more expensive for everyone. Insurers plan a median premium increase of 18% for 2026 plans, which would be the largest ACA insurance price hike since 2018, according to a Peterson-KFF Health System Tracker report released Aug. 6.

 

[Grokmaster]

Legally eligible for coverage?


ZERO.

 

[Taichiliberal]

Then add to this the number of folk that are going to lose their health insurance entirely as these maga/fascist gits move to undo Obamacare.

 

[Grokmaster]

Then add to this the number of folk that are going to lose their health insurance entirely as these maga/fascist gits move to undo Obamacare.

More madeup bullshit. Your specialty. That is not Medicaid or Medicare.


Desperate attempt to change the topic, duly noted.

 

[T. A. Gardner]

Millions will lose Medicaid under Trump's tax law. Here's the final tally.​

Millions will lose Medicaid under Trump's tax law. Here's the final tally.

The CBO also estimated low-income Americans will lose about $1,200 per year due to Medicaid changes and reductions in food assistance.

www.usatoday.com

About 10 million Americans are expected to lose health insurance under President Donald Trump's tax cut and spending law, the nonpartisan Congressional Budget Office said.

Over the next decade, 7.5 million people will lose Medicaid coverage because of changes under the law, the CBO said in an analysis released Aug. 11. Nondisabled adults on Medicaid will be required to get a job, volunteer or enroll in school to maintain their Medicaid coverage. And states must double Medicaid eligibility checks to twice a year.

Another 2.1 million people will shed Affordable Care Act coverage over the next decade, the CBO said. And 400,000 more will lose coverage as a result of the law − known as the "one big, beautiful bill" − which was backed by congressional Republicans.


The CBO earlier said the legislation, which Trump signed July 4, would add $3.4 trillion to the federal deficit. The law extends the 2017 tax cuts, ends taxes on tips and overtime, and bolsters border security, among other things.

The CBO also estimated poorer Americans − those earning less than $23,750 annually and who pay about $2,300 of that in federal taxes − will lose about $1,200 a year because of Medicaid changes and reductions in food assistance. Middle-income households are expected to gain $800 to $1,200. Meanwhile, the law's tax cuts will benefit wealthier Americans by about $13,600 a year. Those families, who earn more than $690,000 annually, still will pay nearly $200,000 in federal taxes a year, the CBO said.

Need a break? Play the USA TODAY Daily Crossword Puzzle.
Sabrina Corlette, co-director of Georgetown University's Center on Health Insurance Reforms, said the CBO report shows who benefits and who doesn't under the legislation.

"This is one of the most regressive pieces of legislation I've seen," Corlette said. "The rich will get richer and the poor will get poorer."

Millions more could lose their health insurance​

When the bill passed the Senate, the CBO estimated it would leave about 11.8 million Americans without health insurance through 2034. The law signed by Trump won't cut as deep because it excluded a provision that would've penalized states extending Medicaid to undocumented residents.


Still, nearly 5 million could lose coverage if Congress doesn't extend the expiring COVID-19 pandemic-era tax credits that have made Affordable Care Act plans more affordable for consumers, according to earlier CBO estimates.

Consumers who use those pandemic-era tax credits will see the amount they need to pay spike an average of more than 75%, according to KFF, a health policy nonprofit.


The combination of the tax law, expiring tax credits and overall rising medical costs will make insurance premiums more expensive for everyone. Insurers plan a median premium increase of 18% for 2026 plans, which would be the largest ACA insurance price hike since 2018, according to a Peterson-KFF Health System Tracker report released Aug. 6.

The Democrats set Obamacare up like a drug dealer handing out free heroin. They put in provisions for "expanded Medicare" and a mechanism to subsidize the individual plans. These were given sunset dates of 10 years generally at which point poor assumptions meant that the subsidies involved either didn't go away and had to become permanent or 7.5 million people lose Medicaid and 2.1 million people can't afford and Obamacare plan.

When stupid runs into reality, this is what you get. The Republicans are refusing to fund provisions that were due to go away. The states can't afford it--they're almost all blue states too--so the result is what you're seeing. So, if you want to blame somebody, blame the idiot Democrats who set up that fucked up Obamacare system to begin with.