The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does not act, according to the nonpartisan Congressional Budget Office.

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.

Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the next decade absent congressional action, following passage of President Trump’s major tax law last month.