A Trump-era tax law is projected to cut $1 trillion from Medicaid funding, posing a significant threat to state budgets, including California's Medi-Cal program. These cuts could destabilize fiscal policies and influence public sentiment regarding wealth taxes.
Trump-Era Tax Law Cuts $1 Trillion from Medicaid, Threatening State Budgets
Fiscal PolicyHealthcare PolicyState BudgetsTax LawUS EconomyMedicaid
