House GOP Proposes $5.7 Trillion Cuts to Medicaid, ACA, Fund Tax Cuts for Billionaires

Jan 11, 2025, 09:26 PM

House Republicans are circulating a list of potential spending cuts totaling over $5.7 trillion, aimed at funding President-elect Donald Trump's priorities, including tax cuts and border security. The proposed cuts target various federal programs such as Medicaid, the Affordable Care Act, Medicare, SNAP, and climate measures. These reductions are seen as a means to offset the costs of tax cuts for billionaires and corporations, drawing criticism from Democrats who argue that such measures would harm working families and benefit the ultra-wealthy. The GOP's strategy includes significant cuts to Medicaid, potentially amounting to $2.3 trillion, and a $479 billion reduction from Medicare through changes like equalizing payments across regions and cutting bad debt reimbursements to hospitals.