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Senate Republicans unveil plan for cuts to Medicaid and taxes in Trump agenda bill


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Published in Business and Finance on by CNN   Print publication without navigation

The Senate Finance Committee on Monday released its version of the GOP's package that calls for enacting sweeping cuts to Medicaid and preventing a multi-trillion dollar tax hike on Americans.

Senate Republicans have introduced a comprehensive bill that aligns with former President Donald Trump's agenda, focusing on significant cuts to Medicaid and tax reductions. The proposed legislation aims to reduce federal spending on Medicaid, which could impact healthcare access for millions of low-income Americans. Additionally, the bill includes tax cuts primarily benefiting higher-income earners and corporations, reflecting a continuation of Trump-era economic policies. This move has sparked debate among lawmakers, with Democrats criticizing the potential negative effects on healthcare and social services, while some Republicans argue that the measures are necessary for fiscal responsibility and economic growth.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/news/politics/senate-republicans-unveil-plan-for-cuts-to-medicaid-and-taxes-in-trump-agenda-bill/ar-AA1GQd7a ]

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