Mehmet Oz, administrator for the Centers for Medicare & Medicaid Services, has responded to fears over the future of its programs following the passage of President Donald Trump 's One Big Beautiful Bill Act.

Why It Matters

The Congressional Budget Office (CBO) estimates that the tax package signed into law by President Donald Trump on July 4 will cut Medicaid funding by more than $900 billion over the next decade. These reductions and changes to the programs' funding structures have aroused fears that millions could lose coverage while others see their access to health care significantly impacted.

However, the administration has emphasized its commitment to protecting Medicaid for the most vulnerable sectors of society, and maintained that it can secure sufficient funding through wor

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