The budget proposal pushed by former President Donald Trump has advanced in the U.S. House of Representatives, promising significant fiscal changes. Central to this legislation are proposed cuts to key social assistance programs,

The Republican tax package includes provisions expanding health savings accounts (HSAs), including the biggest contribution increase ever for next year, plus other benefits.

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.

A new hurdle for poor Americans, approved by the House, would cause millions to lose coverage, including many who are working but can’t meet reporting rules.

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

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

Republican leaders scored a win Thursday morning with the passage of the multi-trillion budget reconciliation package, moving forward President Donald Trump’s permanent tax cuts, border security funding,

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.