President Donald Trump has staked much of the credibility of his "big, beautiful bill" of tax cuts on Kevin Hassett, a right-wing economist long hitched to Trump's movement who insists in the face of all evidence that hundreds of billions of dollars in Medicaid cuts aren't actually Medicaid cuts,

Republicans tax bill will cut $1 trillion from Medicaid and Affordable Care Act insurance plans. Nearly 12 million people to lose health insurance.

Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for defense and immigration enforcement, delivering President Donald Trump his “big, beautiful bill” despite rumblings from fiscal hawks about the projected $4 trillion it could add to the national debt over the next decade.