{"id":11533,"date":"2025-07-21T18:46:44","date_gmt":"2025-07-21T18:46:44","guid":{"rendered":"https:\/\/bluelightnews.com\/category\/politics\/gop-megabills-final-score-3-4t-in-red-ink-and-10-million-kicked-off-health-insurance-cbo-says\/"},"modified":"2025-07-21T18:46:44","modified_gmt":"2025-07-21T18:46:44","slug":"gop-megabills-final-score-3-4t-in-red-ink-and-10-million-kicked-off-health-insurance-cbo-says","status":"publish","type":"post","link":"https:\/\/bluelightnews.com\/category\/politics\/gop-megabills-final-score-3-4t-in-red-ink-and-10-million-kicked-off-health-insurance-cbo-says\/","title":{"rendered":"GOP megabill\u2019s final score: $3.4T in red ink and 10 million kicked off health insurance, CBO says"},"content":{"rendered":"<div>\n<p>Congress\u2019 nonpartisan scorekeeper released its final prediction Monday for how President Donald Trump\u2019s signature legislative achievement will grow the national debt and affect U.S. households.<\/p>\n<p>Over the next decade, <a href=\"https:\/\/legislation.politicopro.com\/bill\/US_119_HR_1\" target=\"_blank\"><u>the megabill<\/u><\/a> Trump signed on July 4 would increase the federal deficit by $3.4 trillion and cause 10 million people to lose health insurance, the Congressional Budget Office forecasts. While the newly enacted legislation would save more than $1 trillion by cutting federal spending on health care \u2014 with the majority coming from Medicaid \u2014 CBO predicts that the package\u2019s costs will far outweigh its savings.<\/p>\n<p>The bulk of the red ink from the package comes from the GOP\u2019s permanent extension of Trump\u2019s 2017 tax cuts. The analysis finds that the Senate Finance Committee, which has jurisdiction over tax policy, enacted policies that would decrease the incoming federal cash flow from taxes by a total of $4.5 trillion. That sum includes the cost of tax cuts Republicans added during Senate floor debate of the package.<\/p>\n<p>CBO\u2019s new uninsured figure is below its<a href=\"https:\/\/www.cbo.gov\/publication\/61533\" target=\"_blank\"><u>prior estimate of 11.8 million people<\/u><\/a>. The agency said it will offer details on the differences in the coming weeks, but one likely source of the reduction is removal of a policy in the final version of the megabill that would have led to an estimated 1.4 million undocumented immigrants losing coverage.<\/p>\n<p><i>Katherine Tully-McManus contributed to this report.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Congress\u2019 nonpartisan scorekeeper released its final prediction Monday for how President Donald Trump\u2019s signature legislative achievement will grow the national debt and affect U.S. households. Over the next decade, the megabill Trump signed on July 4 would increase the federal deficit by $3.4 trillion and cause 10 million people to lose health insurance, the Congressional [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-11533","post","type-post","status-publish","format-standard","hentry","category-congress"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/posts\/11533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/comments?post=11533"}],"version-history":[{"count":0,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/posts\/11533\/revisions"}],"wp:attachment":[{"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/media?parent=11533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/categories?post=11533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluelightnews.com\/category\/politics\/wp-json\/wp\/v2\/tags?post=11533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}