Trump's Bill Adds Trillions to Debt, Increases Uninsured

•1y ago

Trump's Bill Adds Trillions to Debt, Increases Uninsured

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The Congressional Budget Office (CBO) reports President Trump's recently enacted tax and spending bill will add $3.4 trillion to the national debt over ten years and increase the uninsured population by 10 million by 2034. The bill extends 2017 tax cuts, boosts military spending, and funds Trump's deportation agenda, offsetting costs with cuts to Medicaid and SNAP. While Republicans frame it as beneficial for working families, Democrats criticize it as favoring the wealthy. The CBO projects a slight reduction in ACA premiums by 2034.

Published 2025-07-21 20:50:13 UTC · Published by JQJO

Published by JQJO Editorial Desk · AI assisted

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