Lisa Desjardins:
Right.
The biggest effect is one that actually no one will feel. The tax cuts in this bill largely mean that tax rates don’t change at all. That’s the most expensive part of this. So it’s staving off a tax increase, but that is something that people should be aware of.
Now, otherwise, there are some cuts already being felt like Medicaid cuts, even though technically they don’t go into place until 2027, 2028. Today, there was a community hospital in Nebraska in the last 24 hours that came out and said this. This is community hospital in Curtis, Nebraska, writing that they feel that now because of anticipated Medicaid cuts and other financial problems they have had that they’re going to close that clinic in Curtis.
I spoke to officials in that town, this very small town. They said to me they only have a physical therapist in that town. The next closest medical facility is 40 to 50 minutes away. And they have a small college there as well. So they’re concerned about this.
One other thing I want to talk about that we could see immediate effects from is the immigration money in this bill. We’re talking about tens of billions of dollars for enforcement, detention, deportation. That’s money that will go out almost immediately. And we know that the Trump administration wants to use it.
