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Emerging GOP Budget Bill Would Gut Benefits Including Medicare to Fund Tax Breaks for the Rich

HeadlineMay 21, 2025

Here in the U.S., President Trump made a rare visit to Capitol Hill Tuesday to push House Republicans to support a sweeping budget bill that gives massive tax breaks to the rich while slashing spending for Medicaid, nutritional assistance and subsidies for clean energy. One estimate shows nearly 14 million people could lose health coverage under the plan. The Congressional Budget Office warns the bill would trigger some $535 billion in automatic cuts to Medicare under the Statutory Pay-As-You-Go Act. Budget negotiations continued through the night as a group of Republicans are pushing for even bigger cuts, while blue state Republicans are seeking larger tax breaks by increasing the deduction on state and local taxes. After headlines, we’ll have more on the Republican budget bill with Bishop William Barber of the Poor People’s Campaign.

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