Federal budget deficit caused by President Donald Trump Tax and spending law It can lead to automatic discounts to Medicare if Congress does not act, non -party Congress Budget Office I mentioned Friday.
CBO estimates that the Medicare program, a federal health insurance program for Americans over 65 years old, can see up to $ 491 billion of discounts from 2027 to 2034 if Congress is not working to reduce the 2010 law that forces comprehensive cuts on many federal programs once the federal deficit increases. Another report from the Central Bank of Oman showed how a Trump signing tax and the spending law on new pressure on federal programs can be Rocks from the American Social Safety Network.
Trump and the Republicans pledged not to cut medical care as part of the legislation, but an estimated $ 3.4 trillion added to the federal deficit over the next decade means that many medical care programs can see discounts. In the past, Congress has always been behaving to reduce discounts to Medicare and other programs, but it would take some cooperation between the two parties to do so.
Democrats, who requested CBO analysisJump on potential cuts.
Representative Brendan Boyle, the Democrats of the House of Representatives Budget Committee, said in a statement: “Republicans have known that the tax exemptions of billionaires would force more than half a trillion dollars in medical care cuts – and they did so in any case.” “American families cannot simply carry Donald Trump’s attacks on medical care, Medicid, and Obamakar.”
Hospitals in rural areas of the country Already With discounts to medicaid, which are available to low -income people, discounts to medicare can exacerbate the shortcomings.
Since the Republicans have reduced the draft law through Congress and now sell it to voters in the country, they strongly criticized how CBO analyzed the bill. They have also argued that tax cuts will stimulate economic growth and indicate $ 50 billion in financing rural hospitals that were included in the package.
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