A new analysis of the One Big Beautiful Bill Act of 2025 concludes the economic benefits of its tax breaks would be outweighed by its costs over time and confirms the healthcare sector faces a hefty $1 trillion loss. Although cuts to Medicaid, the health insurance exchanges and other programs, and some economic growth would partially offset its $3.7 trillion price tag, the bill would increase the federal budget deficit by $2.8 trillion over 10 years, according to a report the nonpartisan Congressional Budget Office and Joint Committee on Taxation issued Tuesday.
Read the full article: CBO Affirms Tax Bill Cuts Healthcare $1T, Raises Deficit $2.8T //
Source: https://www.modernhealthcare.com/politics-regulation/mh-gop-tax-plan-cost-cbo/