Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns
Personal Finance
Fortune

Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns

Why This Matters

The $3.4 trillion that the tax and spending law adds to the federal deficit over the next decade means that many Medicare programs could see cuts.

August 16, 2025
05:41 PM
3 min read
AI Enhanced
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FinancialBooklet Analysis

AI-powered insights based on this specific article

Key Insights

  • The Federal Reserve's actions could influence market sentiment across sectors

Questions to Consider

  • How might the Fed's policy stance affect borrowing costs and economic growth?

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