Infosheet: Key Provisions in the House-passed Reconciliation Bill—H.R. 1, the ‘One Big Beautiful Bill Act’
An infosheet provides analysis of key health, philanthropy, and nonprofit provisions in H.R. 1, the budget reconciliation bill passed by the U.S. House of Representatives on May 22, 2025. Changes include an estimated $715 billion reduction in federal Medicaid spending including work requirements, new eligibility requirements to the Affordable Care Act that will reduce access to the ACA’s Advanced Premium Tax Credits, $300 billion in reductions to Supplemental Nutrition Assistance Program (SNAP) benefits, an excise tax on foundations, and new authority for the Secretary of the Treasury to remove the tax-exempt status of nonprofits the administration deems as “terrorist support organizations.”
RRF Foundation for Aging
“U.S. Census Bureau projections foresee the number of people age 65 and older rising dramatically in the next decade. With an aging population, there is a growing need to provide training and self-care relief, sustainable systems, and better resources for the nation’s 53 million unpaid family caregivers currently serving a vital role in our long-term care health system.
Philanthropy @ Work – Transitions – January 2023
The latest on transitions from the field.