HE LIED Trump said no cuts Medicaid & Social Security reduce Medicaid spending by $723 billion

how much will the spending bill cut social security and medicaid
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Social Security and Medicaid cuts are part of ongoing discussions and proposals in Congress regarding the 2025 federal budget. Here's what the current information indicates:
Medicaid:
Significant cuts are on the table. The House budget resolution has targeted cuts to Medicaid of up to $880 billion or more over a decade. The House passed a bill that includes significant changes to Medicaid, with CBO estimates suggesting a $700 billion cut from federal funding. Another analysis estimates the House reconciliation bill would reduce federal Medicaid spending by $723 billion.
The effects of these cuts are a major concern. Reductions in federal Medicaid funding could force states to choose between raising taxes, cutting other programs, or reducing Medicaid eligibility, benefits, or provider payments.
Proposed changes include:
Mandating work requirements for adults enrolled through the Affordable Care Act expansion.
Limiting states' ability to use provider taxes to finance Medicaid.
Reducing federal matching funds for expansion populations.
Increasing the frequency of eligibility redeterminations, likely leading to procedural disenrollments.
Rescinding a rule that simplifies eligibility and renewal processes for certain populations.
Imposing new out-of-pocket costs for some Medicaid enrollees, up to $35 per charge.
Restricting access to long-term services and supports.
The potential impact on individuals is substantial. An estimated 8 million people could lose their health insurance coverage due to these cuts, with some estimates reaching 10.3 million. This would particularly affect seniors, people with disabilities, and low-income families.
Social Security:
No immediate cuts are proposed in the spending bill, but long-term challenges exist. While some Republicans have expressed support for cutting Social Security, Trump has promised not to cut Social Security benefits.
The Social Security trust funds are projected to be depleted in the mid-2030s. Without changes, Social Security will only be able to pay out about 79% of promised benefits beginning in 2033.
The bill would allow for a higher standard deduction through 2028 and an extra $4,000 deduction for people over 65, which phases out at higher incomes.
Overall, the current spending bill contains significant proposed cuts to Medicaid, but not Social Security benefits directly. These proposals are expected to be debated further in the Senate.

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