The so-called 'Big Beautiful Bill' passed by Republicans last year cut over $1 trillion from Medicaid and healthcare spending, which could impact millions of people. While Republicans argue that these cuts aim to eliminate fraud, the reality is that most adults receiving Medicaid already work, and fraud is uncommon. Furthermore, Republicans allowed enhanced healthcare subsidies for healthcare plans purchased through the Affordable Care Act (ACA) to expire, leading to premium increases and millions more losing their coverage.
Republicans are planning to target financial assistance for ACA plans again. According to an assessment by the Congressional Budget Office, these cuts could result in an additional 300,000 Americans losing healthcare coverage, on top of the 14 million already expected to lose it by 2030.