{"id":12604,"date":"2025-07-03T22:04:23","date_gmt":"2025-07-03T22:04:23","guid":{"rendered":"https:\/\/firearmman.com\/?p=12604"},"modified":"2025-07-03T22:04:25","modified_gmt":"2025-07-03T22:04:25","slug":"when-will-you-feel-the-effects-of-trumps-megabill","status":"publish","type":"post","link":"https:\/\/firearmman.com\/?p=12604","title":{"rendered":"When will you feel the effects of Trump&#8217;s megabill?"},"content":{"rendered":"<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">President Donald Trump and congressional Republicans&#8217; <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.go.com\/US\/live-updates\/trump-admin-live-updates-senate-begin-big-beautiful\/?id=123330663\">massive tax and spending bill<\/a> will affect millions of Americans, particularly vulnerable populations, but some of those impacts won&#8217;t be felt for some time.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The bill&#8217;s current language staggers the start date for tax changes and the federal budget until after the November 2026 elections. Some expire at the end of Trump&#8217;s term in office.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Here is a look at when you&#8217;ll start to see the impact of the bill:<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">Medicaid<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Though Trump campaigned on protecting Medicaid, the program that provides health care for low-income and elderly Americans is one of the largest federal programs targeted in the bill.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur \" style=\"padding-bottom:46.95216049382716%\" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/7b51b752-0b46-4970-9a4a-c99d5d38baf6\/doc-1-gty-er-250703_1751566937671_hpMain.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/7b51b752-0b46-4970-9a4a-c99d5d38baf6\/doc-1-gty-er-250703_1751566937671_hpMain.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/7b51b752-0b46-4970-9a4a-c99d5d38baf6\/doc-1-gty-er-250703_1751566937671_hpMain.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/7b51b752-0b46-4970-9a4a-c99d5d38baf6\/doc-1-gty-er-250703_1751566937671_hpMain.jpg?w=1500 2x\"\/><\/picture><\/div>\n<\/div><figcaption\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The bill imposes new 80-hour per month work requirements on able-bodied Medicaid recipients aged 19 to 64 who don&#8217;t have dependents. These requirements include working or other approved activities, such as volunteering.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">There are exemptions for parents or guardians of children under age 14 and those with disabilities.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">These work requirements won&#8217;t kick in until 2026.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Health policy experts say the population of able bodied Americans on Medicaid who don\u2019t work is fairly small \u2014 but that many more might lose their coverage because of the burdensome paperwork requirements that will come with regularly proving work status.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Another Medicaid funding cut will come from a change to provider taxes, or taxes on health care organizations, which states use to fund their Medicaid programs. The biggest impacts will felt through the closing of health centers in rural areas, health care employers say, because there are already longstanding struggles to stay open for many of them.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Health policy experts and health care workers say the biggest impacts will felt through the closing of health centers throughout the country, especially in rural areas that were heavily funded by Medicaid. Others will lose coverage because of the work requirements and the additional paperwork required under the bill.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The original measure passed by the House made around $600 billion in cuts to Medicaid, but that grew with the Senate bill: new estimates from the non partisan Congressional Budget Office project federal spending on Medicaid will be reduced by $1 trillion and the number of uninsured people will increase by nearly 12 million by 2034.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Senate added a $50 billion rural hospital fund to the package to placate senators who had concerns about the impact of Medicaid cuts on their constituents, but it&#8217;s unclear how the funding will be distributed or whether it will be sufficient to make up the anticipated shortfall from changes to the Medicaid provider tax.<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \"> Affordable Care Act <\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">There are also proposed changes to the Affordable Care Act that take effect in 2026 and could result in millions more people losing coverage, increasing the number to 17 million.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur \" style=\"padding-bottom:44.29012345679013%\" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/21f75839-4873-408b-9c7e-f84199767548\/GettyImages-1277147077_1751571063007_hpMain.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/21f75839-4873-408b-9c7e-f84199767548\/GettyImages-1277147077_1751571063007_hpMain.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/21f75839-4873-408b-9c7e-f84199767548\/GettyImages-1277147077_1751571063007_hpMain.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/21f75839-4873-408b-9c7e-f84199767548\/GettyImages-1277147077_1751571063007_hpMain.jpg?w=1500 2x\"\/><img decoding=\"async\" alt=\"PHOTO: A sick person at a doctor's office in an undated stock photo. \" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/21f75839-4873-408b-9c7e-f84199767548\/GettyImages-1277147077_1751571063007_hpMain.jpg\"\/><\/picture><\/div>\n<\/div><figcaption\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Under the bill, automatic renewal processes would be eliminated and open market insurance applicants would also be subjected to more paperwork.<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">Food assistance programs<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The bill changes work requirements for adults who are part of the Supplemental Nutrition Assistance Program, SNAP, which would greatly reduce the number of eligible Americans.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The bill raises the work requirement age from 54 to 64 and adds parents with children older than 6. Parents with dependent children at home, regardless of age, are currently exempt from these requirements.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur lIngG \" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/4041ad2e-942a-4ff4-90ef-8b7a4572b23e\/snap-1-gty-er-250702_1751476395586_hpEmbed_2_4x3.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/4041ad2e-942a-4ff4-90ef-8b7a4572b23e\/snap-1-gty-er-250702_1751476395586_hpEmbed_2_4x3.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/4041ad2e-942a-4ff4-90ef-8b7a4572b23e\/snap-1-gty-er-250702_1751476395586_hpEmbed_2_4x3.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/4041ad2e-942a-4ff4-90ef-8b7a4572b23e\/snap-1-gty-er-250702_1751476395586_hpEmbed_2_4x3.jpg?w=1500 2x\"\/><img decoding=\"async\" alt=\"\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/4041ad2e-942a-4ff4-90ef-8b7a4572b23e\/snap-1-gty-er-250702_1751476395586_hpEmbed_2_4x3.jpg\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">A sign on a door in the frozen food aisle, &#8220;We accept SNAP food stamp cards&#8221; at a Walgreens in New York, March 30, 2024.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">UCG\/Universal Images Group via Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Those changes will go into effect as early as this year.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Republican spending bill also forces states to shoulder at least 5% of SNAP benefit costs starting in 2028. Currently, the program is 100% federally funded.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The SNAP cuts total an estimated $230 billion over 10 years.<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">Tax changes<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Some of the tax changes will go into effect this year and be reflected when Americans file their taxes in 2026.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The bill allows tax deductions on tips and overtime pay. Deductions on tips is capped at $25,000 per year while deductions on overtime is capped at $12,500 per year.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The standard deduction would rise by $750 for single filers and $1,500 for those filing jointly.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">One of the biggest changes was the state and local taxes (SALT) deduction, which allows taxpayers to itemize state and local taxes in their filing, including property taxes.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur \" style=\"padding-bottom:88.88888888888889%\" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/336986c9-0e29-43d7-b233-763b247ca7a2\/taxes-gty-er-250703_1751567396698_hpEmbed_9x8.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/336986c9-0e29-43d7-b233-763b247ca7a2\/taxes-gty-er-250703_1751567396698_hpEmbed_9x8.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/336986c9-0e29-43d7-b233-763b247ca7a2\/taxes-gty-er-250703_1751567396698_hpEmbed_9x8.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/336986c9-0e29-43d7-b233-763b247ca7a2\/taxes-gty-er-250703_1751567396698_hpEmbed_9x8.jpg?w=1500 2x\"\/><img decoding=\"async\" alt=\"PHOTO: A person does their taxes in an undated stock photo. \" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/336986c9-0e29-43d7-b233-763b247ca7a2\/taxes-gty-er-250703_1751567396698_hpEmbed_9x8.jpg\"\/><\/picture><\/div>\n<\/div><figcaption\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Trump&#8217;s 2017 tax bill capped the deduction at $10,000. The 2025 spending bill increases the cap to $40,000 for households making under $500,000 and will rise 1% every year until 2029.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The cap resets to $10,000 in 2030.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The bill will remove tax credits for buying electric vehicles starting on Sept. 30 and tax credits for green home upgrades, such as solar power, at the end of the year.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Tax breaks for businesses enacting green projects will end next year.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \"><em class=\" \">ABC News&#8217; Kelly McCarthy, Mary Kekatos, Ben Siegel and Cheyenne Haslett contributed to this report. <\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump and congressional Republicans&#8217; massive tax and spending bill will affect millions of Americans, particularly vulnerable populations, but some of those impacts won&#8217;t be felt for some time. The bill&#8217;s current language staggers the start date for tax changes and the federal budget until after the November 2026 elections. Some expire at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-12604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/12604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12604"}],"version-history":[{"count":1,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/12604\/revisions"}],"predecessor-version":[{"id":12606,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/12604\/revisions\/12606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/media\/12605"}],"wp:attachment":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}