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The One Big Beautiful Bill Act has officially been signed into law. Congressional Budget Office estimates indicate the bill will slash more than $1 trillion from healthcare over the next decade and increase the number of people without health insurance in 2034 by 10 million, according reports from the Center for Medicare Advocacy and the Kaiser Family Foundation.

It’s no secret that we’re on the verge of another recession. The only debate is if it has already arrived or if it will arrive in the next six months. While most of the headlines right now are about tech layoffs and a lack of venture capital for startups, the recession will impact every industry, including healthcare.