Why are Air Canada flight attendants striking?
How did Trump-Putin summit impact Ukraine talks?
What caused Vegas Strip sales to drop?
Why is Hong Kong upgrading stablecoin rules?
How are AI startups affecting Silicon Valley culture?
Why is the Fed expected to cut rates soon?
How are tariffs affecting US farmers and exporters?
Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns
fortune.com/2025/08/16/trump-tax-cut-medicare-spending-federal-deficits-cbo
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does not act, the nonpartisan Congressional Budget Office reported Friday.
The CBO estimates that Medicare, the federal health insurance program for…
This story appeared on fortune.com, 2025-08-16 17:41:01.