Rob Schofield: 'Big, beautiful bill' will bankrupt and kill North Carolinians
These are fraught times in
And yet, it's also undeniably true that some of the changes coming to the American social contract as a result of
Nearly 12 million people across the nation and hundreds of thousands in
The proponents of the legislation allege that it will merely root out "waste, fraud and abuse" in these programs, but as even
A report from his office estimates
And so it is that a huge number of people are quite understandably terrified about what the future holds — both for their own personal financial wellbeing and, indeed, for their life expectancy as the new law takes effect.
This fact was powerfully exemplified last week at a press event in
Fortunately for them, Oliver's tiny size — she described him as a "nano-preemie" — qualified as a disability for Medicaid purposes and their family's financial future was rescued as a result.
"Medicaid changed my family's life," Wertenberg said.
Wertenberg's gratitude for Medicaid was echoed by a lifetime
"I can't say it more clearly than this: These cuts could cost me my life," Upchurch observed.
Similar stories will no doubt abound when it comes to hunger and nutrition. Unless state and local governments somehow find hundreds of billions of dollars to fill the gap caused by the SNAP cuts, food assistance will quickly dry up for millions. This is especially worrisome given the fact that huge numbers of children gain eligibility for free school meals by virtue of their family's enrollment in SNAP.
Of course, many proponents of Trump's big bill will tell you they have no intention of cutting off people like Maddie, Crystal and hungry school children. Unfortunately, when experts run the numbers, such arguments are quickly exposed as simply not credible.
Like it or not, the massive Medicaid cuts contained in the legislation will, in fact, make it inevitable that vast numbers of people with stories very similar to Maddie's and Crystal's will be sentenced to crippling debt and/or premature death. After all, that's what happened in
Similarly, the SNAP cuts will cause hundreds of thousands of food-insecure people to fall deeper into the abyss of hunger and poverty.
Given this reality, it's no wonder that so many people already living on the edge are experiencing one of the worst immediate impacts of the mega-bill's passage: simple terror over what their future holds.
And the utter cruelty involved in intentionally giving rise to such a situation is almost impossible to overstate.


Trump’s new attack on Powell for stifling the housing market: "Lower rates, ‘Tardy’!"
Pritzker seeks more regulatory authority over homeowners insurance business
Advisor News
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- Oregon makes second try at own health insurance marketplace. How is this time different?
- 38,000 on Central Coast expected to lose access to insurance in Medicaid cuts
- 'Medically frail' Medicaid enrollees won't have to prove their inability to work to keep coverage
- HEALTH INSURANCE RATE AND SERVICE AREA CHANGES FOR 2027 OPEN ENROLLMENT PERIOD PREVIEW: HEALTH INSURANCE RATE AND SERVICE AREA CHANGES FOR 2027
- Open enrollment for 2027 health coverage starts Nov. 1; 69% of Connect for Health Colorado customers are likely to qualify for financial help
More Health/Employee Benefits NewsLife Insurance News