The legislative proposal in the US House of Representatives seeks to reform Medicaid, promising savings of $715 billion. However, these savings could leave 8.6 million Americans without health insurance by 2034.

Trump's bill would require Medicaid applicants to provide proof of their work hours and apply for specific exceptions, creating new barriers for individuals to maintain insurance.

The tax bill that advanced from the House Ways and Means Committee devotes a portion of provisions to broader rules on health-savings accounts.

The Congressional Budget Office estimates the cuts will lead to 8.6 million people losing coverage over the next decade.

If passed into law, the bill would push 7.6 milion people off Medicaid ... savings account. Parents, other relatives and non-profits could contribute $5,000 annually to the account tax free ...