💨 Abstract

House Republicans introduced a bill aiming to cut $880 billion, mostly from Medicaid, to fund $4.5 trillion in tax breaks. The legislation includes new work requirements and eligibility verification for Medicaid, which Democrats argue will lead to millions losing healthcare coverage. The bill also includes rollbacks of Biden-era green energy programs. Republicans seek at least $1.5 trillion in savings to extend the 2017 Trump tax cuts, but face internal and external opposition.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖