Overview

• The 'One Big Beautiful Bill Act' would slash $1 trillion from Medicaid and SNAP, reducing federal health and food assistance programs
• Sen. Chuck Schumer invoked Sen. Joni Ernst’s 'we’re all going to die' town hall remark to underscore the projected human cost
• CBO analysis forecasts that 8.7 million Americans could lose Medicaid coverage and as many as 16 million could become uninsured
• Several Republican senators, including Rand Paul and Ron Johnson, have raised alarms over the bill’s impact on the national debt and budget ceiling
• Senate Majority Leader John Leader maintains the chamber is poised to vote on the legislation by the July 4 deadline despite internal divisions