The Daily Money: Medicaid cuts and you
Millions of Americans who get health insurance through Medicaid will face new hurdles under President Donald Trump's massive tax cut and spending bill, which includes deep cuts to nation's safety-net health insurance program.
The bill, which is now law, is projected to cut $1 trillion from Medicaid. Here is how you might be affected.
Where do Americans really retire?
Common wisdom suggests older Americans flock to sunny Florida and Arizona to retire. Financial experts urge seniors to consider cheaper retirement states, like Arkansas and Missouri.
But where do Americans actually go to retire? Not where you think.
How much will that wedding cost?
Wedding season is in full swing, and those nuptials can get costly.
While not everyone can afford a $50 million wedding that makes international news, it's well-known that even more typical weddings can be expensive for everyone involved. Here are the numbers.
📰 More stories you shouldn't miss 📰
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
9 minutes ago
- Bloomberg
Indian Rupee Underperforms Most Emerging Asian Currencies on Tariff Worries
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. Stocks may open higher today after President Donald Trump indicated that a trade deal with India could be reached soon, and the country avoided receiving a tariff letter unlike some of its peers. Investor attention will also be on the BSE and stock brokerage firms, following a recent study that revealed a worsening trend of losses in derivatives trading among retail investors.
Bloomberg
14 minutes ago
- Bloomberg
Trump Issues New Tariff Rates, Says US Still Open to Talks
President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on key trading partners. But he also suggested that he was still open to additional negotiations and pushed off increased duties until at least August 1. Bloomberg's Stephen Engle reports. (Source: Bloomberg)
Bloomberg
14 minutes ago
- Bloomberg
Thailand Confident of Securing Lower US Tariff With Trade Offers
Thailand remains optimistic about securing a lower tariff rate than the 36% levy announced by President Donald Trump based on an offer to bring down import tax on most US goods to zero, according to Finance Minister Pichai Chunhavajira. The Southeast Asian nation expects to wrap up trade negotiations before the Aug. 1 deadline set by the US, Pichai told a local television channel on Tuesday. Trump has set the levy on Thailand without taking into account its revised proposals to increase market access by removing tariff and non-tariff barriers on a number of goods, he said.
