President Donald Trump’s signature law will simultaneously cause 10 million people to lose their healthcare while at the same time causing the nation’s deficit to skyrocket, due to the fact it also includes massive tax cuts for the wealthy, a new analysis has found.
The Congressional Budget Office released its official analysis this week, which showed that between 2025 and 2034, spending would be reduced by $1.1 trillion and cause the deficit to blow up by $3.4 trillion.