The “One Big Beautiful Bill Act,” which narrowly passed 215-214, sees House Republicans proposing to scale down funding for the two programs for low-income Americans as a cost-savings measure, while also aiming to prioritize tax cuts. According to a preliminary analysis by the Congressional Budget Office (CBO) the bill would cut $267 billion in federal funding to SNAP by 2034. The CBO also estimates there would be $698 billion less in federal subsidies to Medicaid.
In addition, according to the Center on Budget and Policy Priorities should those significant cuts to these federal programs move forward, millions of children and their families could lose access to SNAP benefits and Medicaid coverage.
Now in the Senate, it remains unclear exactly how much federal funding going to states and school districts will be impacted until the bill reconciliation process is complete.
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