Impact of President Trump's Budget Bill on Health Insurance and Economy

SOURCE www.foxnews.com
White House releases study estimating millions more Americans could be without health insurance if President Trump's budget bill does not pass, leading to a severe recession and job losses.

Key Points

  • Study estimates 8.2 to 9.2 million more Americans could be uninsured without budget bill
  • Severe recession could lead to job losses and reduced consumer spending
  • Potential impacts on Medicaid and ACA coverage

Pros

  • Potential fulfillment of Trump's campaign promises
  • Creation of new tax breaks and accounts for citizens

Cons

  • Risk of millions more Americans being uninsured
  • Potential job losses and economic recession