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Why America’s hospitals don’t want their taxes cut

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The American Hospital Association (AHA) may be the only trade group in Washington that is lobbying against a proposed tax cut for their members. Congressional Republicans’ One Big Beautiful Bill Act is undergoing late revisions ahead of the Senate’s self-imposed July 4th deadline. A particularly contentious area involves provider taxes: obscure levies raised against hospitals, nursing homes and other medical offices. On the face of it, cutting those taxes sounds like good news for hospitals. But the levies are a financing gimmick used to fund Medicaid, a health programme for the poor, and for funnelling money to hospitals. The AHA’s president warns the tax cuts are so severe they could close rural hospitals.

Economics

Checks and Balance newsletter: Of God and MAGA

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Charlotte Howard, our executive editor and New York bureau chief, unpacks the blurring of church and state among Donald Trump’s circle

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Economics

The Hudson is now so clean that everyone can eat from it

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Battery sashimi, anyone?

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Economics

Pete Hegseth’s Pentagon is a lethality-maxxing wasps’ nest

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America’s armed forces are supremely capable and roiled by infighting

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