The One Big Beautiful Bill triggers automatic $500B Medicare cuts under PAYGO, impacting seniors' healthcare access starting ...

Medicare recipients overwhelmingly voted red in 2024. Now, Republicans just cut their Medicare, automatically, as a result of the BBB.

Thanks to the fact that they didn't put a PAYGO waiver in their MAGA Murder Bill, cuts could kick in automatically.

Lawmakers confronting a rise in political violence are grappling over whether to use more tax dollars for their own ...

Medicare provides health insurance for about 68 million older adults and people with disabilities By Jessica Hall Last Updated: May 21, 2025, 4:22 p.m. ET First Published: May 21, 2025, 2:18 p.m. ET ...

To make matters worse, because the $2.3 trillion deficit increase averages out to $230 billion a year, the cuts to Medicare would still leave $185 billion to be sequestered in fiscal year 2026 ...

Enacting this bill would increase the deficit by $2.3 trillion over a 10-year period, it estimated May 20. Under law, Medicare spending would be reduced by a maximum of 4%, or $490 billion.

The CBO said the GOP’s megabill would lead to $500 billion in cuts to Medicare. Two days later, 215 House Republicans voted for it anyway.

Home Retirement Medicare Tax Reconciliation Bill Could Trigger $500 Billion in Mandatory Medicare Cuts The deficits caused by the tax bill would trigger the Statutory Pay-As-You-Go Act of 2010 and ...

Given that the federal government pays for about half of long-term care through Medicaid and Medicare, this regulation would cost federal taxpayers more than $20 billion, without a PAYGO.

In 2011, Barack Obama said, “If you look at the numbers, then Medicare in particular will run out of money and we will not be able to sustain that program no matter how much taxes go up.” In ...

The Congressional Budget Office has estimated that a Statutory PAYGO sequester in fiscal year 2022 resulting from passage of the American Rescue Plan Act of 2021, the $1.9 trillion COVID-19 relief ...