President Donald Trump has signed into law the One, Big Beautiful Act (OBBA), and for taxpayers in high-tax states like California and New York, it may offer long-awaited relief — at least for a few years.

Minnesota state officials warned the bill would cut $500 million a year in reimbursements for hospital and nursing home coverage.

Low-income green card holders still within the mandatory five-year waiting period for Medicaid would be among those most affected.