Trump's 'One Big Beautiful Bill' Signed Into Law: Cuts to Medicaid and SNAP Spark Debate
The Trump administration's 'One Big Beautiful Bill Act' has been signed into law, with significant impacts on various social programs and the nation's debt. The bill, estimated to cut $930 billion from Medicaid and $285 billion from the Supplemental Nutrition Assistance Program (SNAP), has sparked both optimism and concern.
House Speaker Mike Johnson, R-La., expressed optimism about the bill's potential benefits, including increased wages, household income, job participation, and low unemployment. However, the bill's implications are far-reaching. Medicaid, covering 71.4 million Americans, may face complications due to new federal work rules and eligibility changes. SNAP, which supports 40 million people, including 16 million children, 8 million seniors, and 4 million disabled adults, will also see reductions.
Critics, such as Democratic Minority Leader Hakeem Jeffries, D-N.Y., argue that the bill cuts vital assistance for vulnerable Americans. The U.S. Conference of Catholic Bishops (USCCB) and the Society of St. Vincent de Paul USA share these concerns, predicting severe impacts on the poor and desperate. Additionally, the bill increases the national debt by $3.4 trillion, with interest pushing it closer to $4 trillion. President Trump's mass deportation campaign could add another $1 trillion to this figure.
The 'One Big Beautiful Bill Act' has significant implications for various sectors of society. While some see potential economic benefits, critics warn of severe impacts on vulnerable populations and a substantial increase in national debt.