Trump Signs "One Big Beautiful Bill" Slashing $863 Billion from Medicaid, Devastating US Territories

confirmed Importance 10/10 ~1 min read 3 sources 4 actors

Trump signs “One Big Beautiful Bill Act” on July 4, 2025, enacting $863 billion in Medicaid cuts and gutting SNAP by $120 billion, with devastating impacts on US territories already facing discriminatory funding caps, forcing 10.3 million off healthcare while adding trillions to debt

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The Cascade Ledger. “Trump Signs "One Big Beautiful Bill" Slashing $863 Billion from Medicaid, Devastating US Territories.” The Capture Cascade Timeline, July 4, 2025. https://capturecascade.org/event/2025-07-04--one-big-beautiful-bill-cuts-medicaid-snap-territories/