Former President Barack Obama warned on Wednesday that over 16 million Americans risk losing health coverage, according to a statement on social media. House Republicans are pushing to pass Trump’s sweeping tax and spending plan, which includes deep cuts to Medicaid and food assistance. Trump's "Big Beautiful Bill" would slash $1 trillion from Medicaid. Trump’s “Big Beautiful Bill” proposes a $1 trillion Medicaid cut over 10 years and expands work requirements for able-bodied adults ages 19–64, including parents of children 14 and older. The CBO estimates 12 million more Americans would become uninsured due to the Medicaid provisions alone. Trump criticized GOP holdouts online and warned of political fallout after setting a July 4 deadline for the bill’s passage. House Speaker Mike Johnson worked overnight to secure votes amid Republican resistance.