Medicare provides health insurance for about 68 million older adults and people with disabilities By Jessica Hall Last Updated: May 21, 2025, 4:22 p.m. ET First Published: May 21, 2025, 2:18 p.m. ET ...

To make matters worse, because the $2.3 trillion deficit increase averages out to $230 billion a year, the cuts to Medicare would still leave $185 billion to be sequestered in fiscal year 2026 ...

2. There will be cuts to Medicare, too Trump promised not to touch Medicare. For an estimated 5 million recipients in Florida, that sounds appealing.

Enacting this bill would increase the deficit by $2.3 trillion over a 10-year period, it estimated May 20. Under law, Medicare spending would be reduced by a maximum of 4%, or $490 billion.

The CBO said the GOP’s megabill would lead to $500 billion in cuts to Medicare. Two days later, 215 House Republicans voted for it anyway.

The nonpartisan CBO estimates that the Republican budget bill that passed the House by one vote this morning would trigger about $500 billion in automatic cuts to Medicare. This is because ...

This is less than the standard percentage reduction applied to other nonexempt mandatory spending. Under a Statutory PAYGO sequester, these Medicare benefit payment reductions are capped at 4%.

By Jessica Hall Medicare provides health insurance for about 68 million older adults and people with disabilities The nonpartisan Congressional Budget Office (CBO) estimated that the Republican ...

We need Congress’ help to continue that mission.” For the past three years, Congress has delayed PAYGO cuts, which equal 4% or at least $36 billion in cuts annually to Medicare.

In last year’s budget deal, the Fiscal Responsibility Act, Republican negotiators insisted on the inclusion of an 18-month-long provision called Administrative Pay-As-You-Go (PAYGO), intended to ...