Summary
Recent updates to President Trump's tax and spending bill are expected to reduce health care spending by about $1.1 trillion over the next ten years, leading to millions losing their health insurance.
Key Facts
- The Congressional Budget Office (CBO) provided the estimates for the changes.
- The bill plans to cut about $1.1 trillion from health care over ten years.
- Approximately 11.8 million people might lose health insurance by 2034.
- Most of the health insurance cuts would affect Medicaid.
- Medicaid is a government program that helps people with low income access health care.
- Laura Barrón-López discussed these findings with Larry Levitt, an expert from KFF (a health policy organization).