On the Fourth of July, President Donald Trump signed the One Big Beautiful Bill Act.
It is anticipated that taxes will decrease for most residents, and federal funding of many benefits programs will be cut.
“The passage of President Trump’s agenda is a testament to bold leadership, common-sense policy, and the unwavering commitment to protect our freedoms, secure our borders, and revive our economy,” said Connecticut Republican Party Chairman Ben Proto in a press release.
The bill will reduce funding for Medicaid and Supplemental Nutrition Assistance Program (SNAP) benefits.
Around 900,000 Connecticut residents, or roughly 25% of the state, are on HUSKY Plans. More than half of Connecticut’s funding for Medicaid came via the federal government.
Since the Big Beautiful Bill Act passed the House, officials from the Connecticut Department of Social Services (DSS) released an analysis of the anticipated impact. According to DSS officials, the state will have to pay $40 million more annually to cover SNAP and $20 to $50 million more for Medicaid to share the cost of new administration systems. The DSS also expects $50 to $100 million of state budget reductions for Medicaid, because of an anticipated decrease in enrollment.
Despite these cuts, the bill is projected to increase the federal deficit.
The CATO Institute, a libertarian thinktank, estimates that the bill will increase the deficit by $4 trillion in the next 10 years, driven in a large part by increases to certain federal agencies, like the Department of Homeland Security—which oversees U.S. Customs and Border Protection (CBP) and the Immigration and Customs Enforcement (ICE).
Another contributor to the increased deficit is the increase and extension of the State and Local Tax Deduction (SALT deduction), which is anticipated to save taxpayers thousands of dollars.
Proto praised the change, saying, “The increase in the SALT deduction from $10,000 to $40,000 will help millions of Connecticut citizens reduce both their federal and state income tax burdens.”
Residents with household incomes of $500,000 or less can reduce the amount of federal taxes they pay through increases in SALT deductions. This increase will last until 2030.
In Connecticut, the median household income is $94,000, according to the most recent census. The median per capita income is $54,000.
“This legislation stands as one of the most sweeping, impactful, meaningful, and historic bills of the modern era. It ensures stronger protections for working families, defends our constitutional values, and reasserts America’s role as the beacon of liberty across the globe,” continued Proto.
Every Democrat in the House of Representatives and the Senate, including all of the Connecticut representatives, voted against the bill.
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How about mentioning the cuts to Husky, Medicare and more are cuts to illegals who don’t deserve it at all. I doesn’t affect Legal American Citizens!. Time to empty Connecticut of the illegals and their supporters, Lamont, Tong, Elicker and more!