New Budget Plan: $880 Billion in Medicare & Medicaid Cuts?


Learn how the latest government budget cuts could affect Medicaid and Medicare, with $880 billion in reductions targeting healthcare programs. Find out what’s changing, who it impacts, and how these cuts fit into larger tax and spending policies.

In today’s update, the latest government budget includes $2 trillion in spending cuts, with Medicaid and Medicare facing $880 billion in reductions. These programs provide healthcare to millions, including low-income families, seniors, and people with disabilities. With massive tax cuts being prioritized, these spending cuts could mean fewer benefits, higher out-of-pocket costs, or even loss of coverage. If you or someone you know relies on Medicaid or Medicare, it’s important to understand how these changes could impact healthcare access and affordability. This discussion breaks down what’s happening, why it matters, and what you can do to stay informed and prepared.

New Budget Plan: $880 Billion in Medicare & Medicaid Cuts?

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Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.

Categories Economy & Politics, Health Insurance, Insurance, Retirement, Taxes

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