The Tax Cuts & Jobs Act, the Republican leadership’s bill to overhaul the tax code, calls for enormous tax cuts for the wealthiest Americans and large corporations that would cost $1.5 trillion. To pay for this $1.5 trillion in lost revenue, Congressional leadership will look for ways to cut spending and is likely to target Medicaid, Medicare, and other programs on which older adults rely. Our colleagues at Justice in Aging have written a Fact Sheet explaining how the Tax Cuts & Jobs Act would jeopardize health care for older adults.
Posted by Jasmine Suo on
