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Trump Tax Cuts May Trigger Massive Medicare Cuts | JQJO

Trump Tax Cuts May Trigger Massive Medicare Cuts

Trump Tax Cuts May Trigger Massive Medicare Cuts

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The Congressional Budget Office (CBO) warns that President Trump's tax cuts could trigger $491 billion in automatic Medicare cuts between 2027 and 2034 due to a 2010 law. This stems from the $3.4 trillion deficit increase projected over the next decade. While Congress has historically avoided such cuts, bipartisan cooperation would be needed to prevent them. Democrats criticized the potential cuts, highlighting the impact on American families and rural hospitals already facing Medicaid cuts. Republicans, however, counter that economic growth spurred by the tax cuts will offset this.

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