Medicaid will undergo significant changes
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Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.
The bill will stress a major funding stream schools rely on, leading to ripple effects that make it harder for schools to offer free meals.
New York is on track to lose out on $750 million in Medicaid funding this year thanks to the federal budget cuts agreed to in Washington last week. State officials also expect to see at least $3 billion in federal funding disappear in the next fiscal year.
Medicaid is the state's largest health insurer, covering a quarter of Michigan residents. Reform supporters say the changes will eliminate loopholes.
We see this budget for what it is, an extremist road map that takes away what people rely on to survive,” U.S. Rep. Maxwell Frost said at a news conference at the Pan American Behavioral Health
The Congressional Budget Office estimated that the House version of the One Big Beautiful Bill Act would reduce Medicaid enrollment and cause millions of people to become uninsured by 2034. It didn’t say that “5 million” of the people who are “going to lose insurance” would have “other insurance” so “they’re still insured,
The Corewell Health CEO sent out an internal memo this week warning staff to prepare for impacts to not only patients but also employees due to Medicaid cuts.
Exactly how cuts to public assistance programs in President Donald Trump’s “One Big Beautiful Bill” will affect Minnesota is yet to be seen, though by one estimate, up to a quarter-million people in the state could lose Medicaid coverage over the next decade.