CBO Confirms Trump’s Big Ugly Law Forces Massive Medicare Cuts
Analysis Requested by Ranking Member Boyle Confirms Republicans Voted for $536 Billion in Medicare Cuts
PHILADELPHIA, PA – Congressman Brendan F. Boyle (PA-02), Ranking Member of the House Budget Committee, released the following statement in response to a report from the nonpartisan Congressional Budget Office (CBO) showing that Trump’s Big Ugly Law adds so much to the deficit that it will trigger $536 billion in automatic cuts to Medicare. Today’s analysis is an updated report confirming the law’s Medicare cuts, which Ranking Member Boyle was the first to warn about in May.
“For months now, I have been sounding the alarm on the devastating Medicare cuts caused by Trump’s Big Ugly Law. Republicans knew their tax breaks for billionaires would force over half a trillion dollars in Medicare cuts — and they did it anyway. American families simply cannot afford Donald Trump’s attacks on Medicare, Medicaid, and Obamacare.”
With far-right Republicans continuing to pursue even greater health care cuts than what is already in the Big Ugly Law, there is no reason to believe the members of the current Republican conference will disarm this budget time bomb.
A fact sheet on the Big Ugly Law’s Medicare cuts can be found here.
Read the full letter from the Congressional Budget Office here.
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