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Kiplinger
Kiplinger
Business
Gabriella Cruz-Martínez

What to Know About New Medicaid Cuts: Is Your Local Hospital Closing Soon?

Hospital hallway.

Hundreds of rural hospitals across the U.S. are bracing for potential service cuts or imminent closures due to President Donald Trump’s steep Medicaid cuts.

The Trump administration's so-called "One Big Beautiful Bill" (OBBB), signed into law on July 4, will slash Medicaid spending by an estimated $1.02 trillion to offset tax cuts. The expensive measure adds over $3 trillion to the national debt over the next decade.

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