Washington D.C — Washington Republicans’ signature piece of legislation turned one year old, and it is already devastating millions of working families nationwide. According to a new report from CNN, the Republican Tax Law is projected to leave an estimated 7.5 million people without health coverage due to Medicaid cuts. Additionally, the law reduces federal food assistance by nearly $187 billion over the next decade and takes SNAP away from millions of people each month. These consequences reflect the choice congressional Republicans made: giving tax breaks to billionaires while making it harder for working families to get their basic needs met, like access to health care and putting food on the table.
“One year since their tax law’s passage, Republicans in Congress cannot hide its devastating impact. It takes some of the most essential needs from millions of people and directs it to the ultra-wealthy who already live in comfort,” said Unrig Our Economy Campaign Director Leor Tal. “Families are being asked to absorb higher costs, a weakened health care system, and cuts to vital programs like Medicaid so billionaires can receive another tax break. Congressional Republicans need to repeal these cuts and start building an economy where working people can afford the care they need and be able to feed their families.”
Read the CNN story here.
Key Points:
- At its ceremonious signing, the act seemed poised to be a defining legislative achievement for Republicans to run on in November.
- But 12 months later, the law’s cutbacks to key safety-net programs such as Medicaid and food stamps have fueled a chorus of criticism.
- The law, known as OBBBA, is projected to slash roughly $1.2 trillion from the key public health insurance program for lower-income Americans through 2035, leaving 7.5 million more people without coverage by 2034, according to the Congressional Budget Office.
- The effect on healthcare in rural parts of the country was a subject of concern before the bill became law, including among moderate Republicans.
- As a concession, the final package created a $50 billion Rural Health Transformation Program designed to buttress rural healthcare…But the program doesn’t come close to replacing the estimated $137 billion in federal Medicaid funding that rural areas are projected to lose over a decade, according to nonprofit health policy group KFF.
- Iowa, for instance, is expected to lose more than $3.8 billion in federal Medicaid spending during that period.
- On top of the major changes to Medicaid, the OBBBA is projected to slash federal support for food stamps by nearly $187 billion over a decade, according to the Congressional Budget Office — the largest cut in the program’s history, advocates say.
- [It is] forecast to reduce enrollment in the Supplemental Nutrition Assistance Program, or SNAP, by 2.4 million people a month, on average, according to CBO.
- SNAP enrollment has plummeted by more than 4 million people between July 2025 and March 2026, according to an analysis of US Department of Agriculture and state data by the left-leaning Center on Budget and Policy Priorities.
To learn more about the campaign, visit UnrigOurEconomy.com or contact press@unrigoureconomy.com
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About Unrig Our Economy
Unrig Our Economy is a national campaign to fix the rules of our economy to make it work for working people. We know that when the middle class does well, all of us do well — which is why we’re fighting on behalf of working Americans and holding corporations, their wealthy executives, and the politicians who enable them accountable.