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Lawmaker says GOP tax bill would cut health care for 16 million and add $3.4 trillion to deficits
Summary
An unidentified member at a congressional hearing said the Congressional Budget Office estimates the Republican tax bill would remove health coverage for about 16 million people, cut nutrition assistance for 4.5 million, and raise deficits by roughly $3.4 trillion, while largely benefiting the top 1%.
Unidentified Speaker, who said he represents part of Philadelphia, told a congressional hearing that the Congressional Budget Office (CBO) and the Joint Committee on Taxation find the Republican tax proposal would have major coverage and fiscal consequences.
"According to the nonpartisan Congressional Budget Office, the Republican bill, the big beautiful bill for billionaires, will throw 16,000,000 Americans off their health care," the speaker said, adding that the bill would also "deny nutrition assistance to another 4 and a half million Americans." He cited analyses that the package amounts…
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