A recent Republican-led vote in Congress has approved a massive tax and spending cut package, sparking deep concern. Experts warn that drastic $1.2 trillion Medicaid cuts could trigger a severe health crisis,

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

President Donald Trump signed his domestic policy bill into law on July 4, 2025, which sees funding cuts to medicaid and other programs.