Ascension Saint Thomas President Fahad Tahir worries that Medicaid cuts enacted by President Donal will harm health care.

The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring professional bettors to pay income tax on all their winnings, according to published reports. Professional gamblers, like the poker players you see on TV, had been allowed to deduct all of their losses from their declared income.

Jason Furman, Harvard professor and former CEA chair, and Kevin Brady, former Chair of the House Ways and Means Committee, joins 'Squawk Box' to discuss the tax impact of the budget bill, any issues with Medicaid and much more.

Radio host Charlamagne claimed GOP support for the controversial Big Beautiful Bill despite political risks signals future elections might not be "free and fair."

"The One Big Beautiful Bill Act that stops forced taxpayer funding of the abortion industry has been retained in the Senate bill," Susan B. Anthony Pro-Life America’s President Marjorie Dannenfelser said in a press release. "Taxpayers should never be forced to funnel their hard-earned dollars to Big Abortion."

The bill includes stronger restrictions on Medicaid, which provides health care coverage to over 70 million low-income and disabled Americans, including 1.72 million Coloradans.