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The Wall Street Publication > Blog > Politics > Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy
Politics

Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy

Editorial Board Published April 10, 2025
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Home GOP passes finances that guts Medicaid to present tax cuts to the wealthy
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On Thursday, Home Republicans handed a finances blueprint that strikes them one step nearer to reducing taxes for the wealthy whereas on the identical time slashing Medicaid and meals stamps.

Republicans handed the finances by a vote of 216-214, with all Democrats and two Republicans—Reps. Thomas Massie of Kentucky and Victoria Spartz of Indiana—voting towards it. 

The destiny of the finances blueprint was doubtful, as Republican hardliners wished assurances that the finances would require the steep cuts to federal expenditures—which is able to most probably come from Medicaid and meals stamps. However all of them fell in line beneath stress from Home Speaker Mike Johnson and Pricey Chief Donald Trump.

In the end, the vote was the important first step within the finances reconciliation course of Republicans are utilizing to cross Trump’s agenda with out the necessity for any Democratic votes. 

However now comes the even more durable half: The blueprint merely instructs Home committees to seek out $1.5 trillion in cuts to the federal finances, which the GOP will use to solely partly pay for extending the tax cuts Republicans handed and Trump signed into regulation in 2017.

Associated | Shocker! Democrats have been proper about GOP plan to destroy Medicaid

The overwhelming majority of these cuts—$880 billion—are prone to come from Medicaid, this system that gives medical health insurance to 83 million low-income Individuals. One other $230 billion will come from the Home Agriculture Committee, which is prone to slash meals stamps to satisfy that objective.

Till now, Republicans lied by saying that their finances wouldn’t slash Medicaid and meals stamps—one thing they might do as a result of the finances solely included topline numbers every committee was instructed to chop. However now GOP lawmakers must truly put pen to paper and lay out the precise cuts they’ll make. 

And when Medicaid is on that checklist, Republicans might discover themselves in a world of political damage.

Reducing Medicaid and meals stamps in an effort to pay for Trump’s tax cuts for the wealthy is deeply unpopular. A Civiqs ballot carried out for Each day Kos in March discovered that 63% of registered voters have been towards making cuts to Medicaid and meals stamps to pay for tax cuts.

Even Trump’s personal pollster carried out a survey that discovered reducing Medicaid is a political loser. That survey, launched April 2, discovered that 74% of voters have a positive view of Medicaid—together with 61% of Trump voters. That very same ballot discovered simply 23% of voters assist reducing Medicaid in an effort to pay for tax cuts. 

Democrats are hammering Republicans for voting for the finances.


Former Home Speaker Nancy Pelosi

“The budget passed by House Republicans today steals $880 billion from Medicaid to give tax breaks to billionaires and big corporations,” former Home Speaker Nancy Pelosi wrote in a submit on X. “By voting for this cruel bill, Republicans have betrayed hardworking Americans by raising costs for those already struggling to make ends meet.”

“House Republicans just passed their pro-billionaire anti-middle-class budget blueprint,” Sen. Patty Murray (D-WA), vice chair of the Senate Appropriations Committee, wrote in a submit on X. “While Trump’s tariffs raise costs for families, Republicans are full steam ahead on their plan to cut programs like Medicaid & SNAP to hand out more tax cuts to billionaires.”

Thanks to the Each day Kos group who continues to battle so onerous with Each day Kos. Your reader assist means the whole lot. We’ll proceed to have you ever lined and hold you knowledgeable, so please donate simply $3 to assist assist the work we do.

TAGGED:BudgetcutsGiveGOPgutshouseMedicaidpassesRichtax
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