Trump’s Big Beautiful Bill Adds Trillions to the Deficit, CBO Says

The Congressional Budget Office has just poured fuel over the Republican fight on the budget.

June 2, 2025

The Republicans’ giant budget reconciliation bill has focused attention on the drastic cuts the Trump administration is making to the American government.

"Well, we’re all going to die," says Joni Ernst in defense of Medicaid cuts

Joni Ernst's casual cruelty is an accidental bedrock of GOP politics: Death does not matter, for certain people.

18 State-Based #ACA exchange send blistering letter denouncing the House GOP budget bill

The following letter was just sent to both Republican House Speaker Mike Johnson and Democratic House Minority Leader Hakeem Jeffries: Dear Speaker Johnson and Leader Jeffries: For over a decade, State-Based Marketplaces have provided private health coverage to tens of millions of Americans, ensuring their health, well-being, and economic security. The Americans who depend on the Marketplaces include working parents, small business owners, farmers, gig workers, early retirees, and lower and middle-class individuals of all ages, political views, and backgrounds who drive our local economies and make both our rural and urban communities thrive. The legislation under consideration in the House will severely impact the ability of these millions of Americans to continue to access this coverage and the health and financial security they depend on today. This will make for a sicker, less financially secure American public and strain hospitals and health care providers by increasing uncompensated care. The stability of the American health care system and the economic security of millions of Americans are on the line due to the proposed changes to Marketplaces, and this risk is further compounded by proposed cuts to Medicaid and the impending expiration of Enhanced Premium Tax Credits.

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Surprise! GOP Medicaid Massacre bill is also a Medicare Massacre bill!

Pennsylvania Democratic Representative Brendon Boyle, on MSNBC last night: Rep. Boyle: The one thing I would point out, though, is this bill is actually significantly worse [than the GOP's ACA repeal attempt in 2017], because this piece of legislation will throw 13.5 million, almost 14 million Americans off their healthcare. First, you're cutting people off Medicaid. But second, this does include very deep cuts to Obamacare as well. And finally, I have breaking news for you tonight, that literally just came out in the last few minutes as I've been sitting here: The nonpartisan Congressional Budget Office, the official authority on these figures, has now confirmed that this bill, in addition to Medicaid cuts, in addition to Obamacare cuts, includes $500 BILLION WORTH OF CUTS TO MEDICARE that is now in this bill as well. Lawrence O'Donnell: That is breaking news...$500 billion in cuts to Medicare. That's the biggest cut to Medicare ever contemplated by the Congress. There have been, over the years, trims to Medicare for budget reasons, but nothing on this order has ever been done to Medicare. What happened? Talk more about that, about that breaking news piece that the CBO has projected in here. Is that because of interactions that Medicare has with the Medicaid program? Rep.

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