Trump Tax Bill Passes Senate, Medicaid Cuts and Million Americans to Lose Insurance

The US Senate passed President Donald Trump's tax bill, extending tax cuts from his first term and slashing $1 trillion from Medicaid and other health programs. The bill, which would leave at least 17 million Americans without insurance, will now head back to the House for final approval.

Key Takeaways:

The Senate passed President Trump's tax bill, which extends tax cuts from his first term and slashes $1 trillion from Medicaid and other health programs.
At least 17 million Americans would lose insurance under the bill, which would disproportionately affect low-income individuals and families.
Vice President JD Vance had to break a 50-50 tie to pass the bill in the Senate.
The bill includes a provision that would provide a $6,000 tax deduction for some seniors.
The bill is set to return to the House for final approval, where lawmakers will try to reject it.
CBS owner Paramount agreed to pay Trump $16 million to settle a lawsuit over the editing of a "60 Minutes" interview with Kamala Harris.
Trump is funding his presidential library with the settlement money.
Trump's feud with Elon Musk has erupted again, with Musk threatening to start a new political party.

Statistics:

17 million Americans would lose insurance under the bill.
$1 trillion would be slashed from Medicaid and other health programs.
$16 million was paid by CBS owner Paramount to settle a lawsuit with Trump.
90% of Americans are expected to see tax increases under the bill.

Sources:

[1] The Senate passed President Donald Trump's tax bill, extend tax cuts from his first term and slashing $1 trillion from Medicaid and other health programs. (Source: The Post)
[2] At least 17 million Americans would lose insurance under the bill. (Source: The Post)
[3] CBS owner Paramount agreed to pay Trump $16 million to settle a lawsuit over the editing of a "60 Minutes" interview with Kamala Harris. (Source: The Post)