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

The final version of President Trump’s hallmark tax-and-spend legislation delivers significant tax advantages to some industries while rescinding them for others.While Medicaid and state-and-local-tax deductions,

By Congress time standards, the bill moved at lightning speed — reaching President Trump’s desk less than six months into his term.