It also takes aim at Medicaid, the federal and state health program that covered 78.6 million low-income children and adults as of March 2025, according to the Centers for Medicare & Medicaid Services.

A Republican Congressman sold a Medicaid-related stock before voting for President Donald Trump 's massive tax and spending package, which affects Medicaid. In May, Pennsylvania Representative Robert Bresnahan sold stocks in Centene Corporation,

The House passed Senate Republicans’ version of the reconciliation package on Thursday 218-214 in a largely party line vote. Only... The bill will now head to President Trump’s desk. He is expected to sign it on July 4.

It is big and it is beautiful, President Donald Trump says. But for many Democratic leaders, the tax break and spending cut package passed by Trump's Republican allies in Congress on Thursday represents the key to the Democratic Party's resurgence.