Millions will lose Medicaid coverage, hospitals’ uncompensated work will increase and insurers will lose big business.

The Congressional Budget Office estimates the Medicaid cuts could leave nearly 12 million Americans uninsured.

P resident Trump and Republicans in Congress are celebrating this holiday weekend after both the House and Senate passed what they call the "One Big Beautiful Bill." The President signed the legislation into law at the White House Friday.

In the classic Schoolhouse Rock song “I’m Just a Bill,” the bill laments the prospect of waiting with other bills, hoping to become a law. But President Donald Trump’s “Big Beautiful Bill” didn’t have to wait—it sped through Congress in recent days and landed on his desk in time for him to sign it into law by his July 4 deadline.