Nearly 12 million estimated to lose health coverage under Trump budget bill

The Congressional Budget Office (CBO) estimates the Senate GOP tax bill would cause 11.8 million Americans to lose health coverage by 2034, with $1.1 trillion in cuts to Medicaid, Medicare and the Affordable Care Act. Fueled by plans to extend President Donald Trump’s 2017 tax cuts, the bill provides $4.5 trillion in new reductions, offset by Medicaid and safety net spending cuts.

The bill cuts Medicaid by about 18%, SNAP by roughly 20%, imposes 80-hour work requirements, and introduces up to 5% income-based cost-sharing fees.