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Last month, the U.S. House narrowly passed the so-called “big
beautiful bill” that would cut taxes and increase border and
military spending, while scaling back spending on Medicaid by
eliminating fraud.
Illinois Treasurer Michael Frerichs said Illinoisans will feel
the effects of Medicaid cuts.
“With Trump’s big bombshell of a bill, 490,000 Illinoisans will
lose health care coverage,” Frerirchs said during an Americans
for Responsible Growth news conference. “Those folks don’t just
live only in Chicago, they live in all of our 102 counties.”
Elon Musk called the bill a “disgusting abomination” for
increasing the country’s debt. U.S. House Speaker Mike Johnson,
R-Louisiana, said Musk doesn’t get it.
“We don’t take it personal, policy differences are not
personal,” said Johnson. “I think he’s flat wrong. I think he’s
way off on this.”
According to an analysis of the bill's tax provisions by the
nonpartisan Congressional Budget Office, the package's tax
changes would raise the deficit by an estimated $3.8 trillion
over the next 10 years, a number that has been disputed by the
White House.
Illinois U.S. Rep. Darin LaHood, R-Peoria, is a fan of the
legislation.
“These are provisions that help working people that President
Trump wanted to prioritize, and I think are important,” said
LaHood. “So when people say these are benefits for the rich,
that’s in fact not true. It benefits working people throughout
my district.”
The measure is awaiting action in the U.S. Senate.
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