The Congressional Budget Office estimates an increase of 10.9 million people without health insurance under President Donald Trump’s big bill, including 1.4 million who are in the country without legal status in state-funded programs. The budget office says the package would reduce federal outlays, or spending, by $1.3 trillion over that period. Meanwhile, Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers.
CBO; 10.9M More Without Health Care Under “Big Bill”
June 4, 2025 10:53 am