Category: Uncategorized

The University of Pennsylvania has agreed to ban transgender women from its women’s sports teams to resolve a federal civil rights case that found the school violated the rights of female athletes.

The U.S. Education Department announced the voluntary agreement Tuesday. The case focused on Lia Thomas, the transgender swimmer who last competed for the Ivy League school in Philadelphia in 2022, when she became the first openly transgender athlete to win a Division I title.

It’s part of the Trump administration’s broader attempt to remove transgender athletes from girls’ and women’s sports.

Under the agreement, Penn agreed to restore all individual Division I swimming records and titles to female athletes who lost out to Thomas, the Education Department said. Penn also agreed to send a personalized apology letter to each of those swimmers.

It wasn’t immediately clear whether Thomas would be stripped of her awards and honors at Penn.

The university must also announce that it “will not allow males to compete in female athletic programs” and it must adopt “biology-based” definitions of male and female, the department said.

Education Secretary Linda McMahon called it a victory for women and girls.

“The Department commends UPenn for rectifying its past harms against women and girls, and we will continue to fight relentlessly to restore Title IX’s proper application and enforce it to the fullest extent of the law,” McMahon said in a statement.

The Education Department opened its investigation in February and concluded in April that Penn had violated Title IX, a 1972 law forbidding sex discrimination in education. Such findings have almost always been resolved through voluntary agreements. If Penn had fought the finding, the department could have moved to refer the case to the Justice Department or pursued a separate process to cut the school’s federal funding.

In February, the Education Department asked the NCAA and the National Federation of State High School Associations, or NFSHSA, to restore titles, awards and records it says have been “misappropriated by biological males competing in female categories.”

The most obvious target at the college level was in women’s swimming, where Thomas won the national title in the 500-yard freestyle in 2022.

The NCAA has updated its record books when recruiting and other violations have stripped titles from certain schools, but the organization, like the NFSHSA, has not responded to the federal government’s request. Determining which events had a transgender athlete participating years later would be challenging.

A massive tax and spending package championed by President Trump and passed by the Senate on Tuesday would end tax credits for electric vehicles within three months.

The legislation, which Republicans are trying to get to the president’s desk by July 4, would axe tax breaks for consumers who buy or lease EVs after Sept. 30, 2025.

Lawmakers would eliminate a $7,500 tax credit for households that buy or lease a new EV, and a $4,000 credit for consumers who purchase a used EV.

“If you’re interested in driving an EV — either new, used or leased — now is the time to act,” said Ingrid Malmgren, senior policy director at Plug In America, a nonprofit advocating for a quicker transition to electric cars.

“This is going to be the summer of the EV, because come the end of September those credits will be gone” if the legislation passes and remains unchanged, Malmgren said.

The bill passed the Senate on the narrowest of margins — 51-50, with a final, tie-breaking vote cast by Vice President JD Vance. It now heads to the House for approval.

The Senate’s timeline to nix the EV tax credits is more stringent than an initial version of the legislation passed in May by House Republicans, who would have ended the tax breaks after Dec. 31, 2025. The House One Big Beautiful Bill Act also exempted certain EVs from that deadline.

Tax incentives make EVs more affordable

The Inflation Reduction Act, a landmark climate law signed by former President Joe Biden, offered the tax breaks for EVs through 2032.

The federal tax incentives aimed to boost uptake of EVs — and reduce the nation’s greenhouse gas emissions — by making them more affordable relative to traditional cars with an internal combustion engine.

The transportation sector accounts for about 28% of all U.S. greenhouse gas emissions, making it the largest contributor of U.S. emissions, according to the Environmental Protection Agency.

More from Personal Finance:Trump bill mostly benefits the richSpending bill boosts child tax creditRepublican tax bill passes ‘SALT’ deduction cap of $40,000

Fully electric cars don’t emit planet-warming greenhouse gases from their tailpipes because they don’t burn fossil fuels.

While some emissions may be created when electric cars are built and charged, EVs are “unambiguously better for the climate” than gasoline-powered cars even when factoring in those life-cycle emissions, according to researchers at the Massachusetts Institute of Technology.

The EV premium is shrinking

New EVs have historically come with higher price tags than comparable traditional cars, experts said.

In May, the average new EV had a price tag around $57,700 before subsidies, while gas cars cost around $48,100, according to Kelley Blue Book data. Used EVs had a price point around $36,000, slightly higher than the $34,000 for used internal-combustion-engine cars, it found.

The price gap is shrinking, experts said.

Federal tax incentives like the $7,500 federal tax credit “play a pivotal role in accelerating the break-even point between electric vehicles and gasoline vehicles,” wrote researchers at the University of Michigan in 2024.

Despite a higher price tag, EVs may be a better financial deal for consumers over the long haul because maintenance, repair and fuel costs tend to be lower than those for gas cars, experts said.

Even if the federal tax credit disappears, state and local tax incentives may still be available for EV buyers, experts said.

If Republicans nix the federal tax credit, consumers would need to ensure they have the car in hand by Sept. 30 in order to claim the subsidy, Malmgren said.

She recommends opting for the tax break upfront at the point of sale instead of claiming it next year on one’s annual tax return.

Jake Paul has entered the World Boxing Association’s cruiserweight rankings, making the YouTuber-turned-boxer eligible to fight for a world title.

The WBA slotted Paul (12-1, 7 KOs) at No. 14 in the latest edition of its rankings late Monday night, two days after Paul beat 39-year-old Julio César Chávez Jr. by unanimous decision in Anaheim, California.

The WBA’s decision to rank Paul likely means the sanctioning body would allow him to fight WBA cruiserweight champion Gilberto “Zurdo” Ramírez, who won his latest title defense in the penultimate bout in Anaheim. The fighters have not agreed to a deal, but Paul and Ramírez stared each other down during the post-fight news conference.

“I want tougher fighters. I want to be a world champion,” Paul said after outpointing Chávez, who had fought once in the previous four years. “Zurdo looked slow … tonight. That’d be easy work, too.”

While Paul’s ranking is a remarkable milestone for a social media behemoth and former Disney Channel star who only decided to become a boxer about six years ago, the WBA’s decision reflects Paul’s incredible financial potential more than his fighting resume.

Sanctioning body rankings are determined internally, so they can be changed on a whim, or to meet an opportunity to collect a big fee by sanctioning a fight — and Paul has uniquely become the most financially potent boxer to emerge in many years.

Paul’s previous opponents include fellow YouTubers, an NBA player, several mixed martial artists and 58-year-old Mike Tyson — not a path that would lead to world rankings and title shots for any fighter without Paul’s fame and fortune.

He took his only loss in 2023 against Tommy Fury — a relatively serious professional boxer, but nowhere near a title contender. Paul has called for a rematch, telling Fury to “stop running from me.”

Chávez was by far the most accomplished actual boxer to share the ring with Paul, but the former WBC middleweight champion fought listlessly and tepidly for all but the final two rounds in front of a Southern California crowd desperately rooting on its Mexican hero.

Paul reiterated Saturday night that he has been ordered by God to become a world champion, and he spoke of several accomplished veteran boxers as his potential next opponent.

Ramírez (48-1, 30 KOs) would be Paul’s first step up to world-class opposition. Zurdo is a former super middleweight champion and current cruiserweight powerhouse who beat Yuniel Dorticos by decision in Anaheim.

Nakisa Bidarian, Paul’s business partner, suggested Saturday night that Paul might be more likely to take a title shot against Badou Jack, the 41-year-old Swede who holds the WBC cruiserweight belt.

“The biggest issue with that (Paul vs. Ramírez) fight is Zurdo didn’t show himself to be at all a promoter in this process,” Bidarian said. “Why aren’t we seeing more out of Zurdo? Why isn’t he more engaged with the fans? Someone like Badou Jack is someone that we want to have a conversation with.”

A northwest Idaho community is still reeling after a 20-year-old man was suspected of fatally shooting two firefighters and injuring another after intentionally starting a fire to ambush them.

Battalion chiefs John Morrison and Frank J. Harwood were killed in the June 29 attack on Canfield Mountain in Coeur d’Alene. Firefighter/engineer David Tysdal was seriously wounded and remains hospitalized.

Authorities identified the suspect as Wess Roley. Kootenai County Sheriff Bob Norris said it appeared he had been living in his car, and they did not know why he was in the area. Roley, who dreamed of becoming a firefighter himself, was found dead on the mountain from a suspected self-inflicted gunshot wound.

Who is Wess Roley?

Norris said Roley grew up in an arborist family, telling reporters that the family climbed trees. An arborist is a trained professional in the care and management of trees and woody plants.

“We did have reports that he was shooting at first responders via a tree,” he said at a Monday evening news conference.

Court documents show that Roley may have had a tumultuous childhood. In 2015, his mother, Heather Lynn Cuchiara, sought an order of protection against her then-husband and Roley’s father, Jason Roley.

The documents allege that Jason Roley pushed her to the ground and made threatening remarks about “waiting outside with a sniper rifle.” Cuchiara expressed concerns about drugs and two guns in his home and asked that the order of protection include Wess Roley, who was about 10 years old at the time.

Authorities said the 20-year-old had ties to California, Arizona, and Idaho. It’s unclear why he was in the area.

Kootenai County Sheriff’s Office and the Coeur d’Alene Police Department had five interactions with Roley, according to Norris. He described the interactions as “very minor in nature” and said they had to do with trespassing and “some welfare checks.” One welfare check was made after Roley’s car was found parked outside a restaurant “where he appeared to be residing,” Norris said.

“He was asked to leave and he complied,” he told reporters. None of the welfare checks came from relatives, according to the sheriff. Roley did not have any criminal history.

Neither of Roley’s parents could be reached for comment. In a statement released Monday night via an attorney, the family said they “do not understand why this happened or how this came about.”

“There are no words that can suffice for this tragedy and the infinite losses suffered by those affected by this shooting,” they said. “Our hearts and spirits are broken for the lost and hurting, and for our own loss as well. We intend to fully cooperate with authorities in seeking answers.”

Roley’s grandfather, Dale Roley, said he believes “something must have snapped” for his grandson to have committed such a heinous act, especially against firefighters, because he always dreamed of becoming one.

“He actually really respected law enforcement,” he told NBC News. “He loved firefighters. It didn’t make sense that he was shooting firefighters. Maybe he got rejected or something.”

Authorities said they have not found a manifesto, and don’t have any indication of a motive.

Norris said investigators are aware of Roley’s interest in becoming a firefighter but have not found any applications with local agencies or a statement of intent.

Dale Roley said his grandson could be “high-strung” and “kind of a loner.” He attributed it to “normal issues for kids these days,” but T.J. Franks Jr., Roley’s former roommate, knew something was off.

“Towards the end, he started acting a little weird, and I don’t know why. But we just explained to him that we needed our own space,” he told The Associated Press.

Roley lived with Franks in Sandpoint, Idaho, for about six months. He moved out in January.

Franks described an incident where he said security cameras at his apartment caught Roley making gang signs, which concerned Franks.

“He left peacefully,” he said. “He just left.”

Norris said it appears that Roley had been living in his car before the shooting. He was found dead on the mountain from what authorities believe to be a self-inflicted gunshot wound.

Fire was intentionally set, investigators say

Authorities have said they believe Roley intentionally set the blaze to ambush firefighters. He was found with a flint starter and a shotgun, according to Norris.

“We believe that was his method for starting the fire that eventually led to firefighters responding,” he said at the news conference.

A man called to report the fire at about 1:20 p.m. local time. Norris said the caller did not use Roley’s name.

Roley and the responding firefighters interacted about where Roley’s vehicle was parked. Norris said that the interaction is still being investigated.

As of Monday night, the Nettleton Gulch Fire had grown to 26 acres. Firefighters were putting water on it from the air and expect to have a containment line soon.

Norris said authorities are slowly making progress with the blaze “because it’s very difficult terrain to get ground assets up there.”

Slain firefighters were ‘dedicated to their community’

The International Association of Fire Fighters union identified the slain firefighters as Coeur d’Alene Fire Battalion Chief John Morrison and Kootenai County Fire and Rescue Battalion Chief Frank J. Harwood.

Morrison began his career with the Coeur d’Alene department in 1996. He held the ranks of firefighter engineer, captain, battalion chief, and was also a longtime paramedic.

“He has served the city of Coeur d’Alene and this community for over 28 and a half years,” Coeur d’Alene Fire Chief Tom Greif said at a news conference.

According to Kootenai County Fire and Rescue Chief Christopher Way, Harwood had been with the Kootenai agency for 17 years. He was also an Army National Guard combat engineer, Way said, describing him as “a leader in our organization.”

He was married with two children.

“This loss is felt by so many,” he said.

“This community lost two dedicated public servants,” Gabe Eckert, president of the Coeur d’Alene Firefighters’ union, said at a news conference. “These men were dedicated firefighters; they were dedicated to their community. These guys were hard workers. They loved their families.”

A procession of emergency vehicles for the firefighters will take place on Tuesday.

Wounded firefighter is ‘fighting for his life’

Coeur d’Alene firefighter/engineer David Tysdal was seriously wounded and “is currently fighting for his life and recovery,” the union said in a message shared by the Coeur d’Alene Fire Department.

Coeur d’Alene Fire Chief Tom Greif said Tysdal had two successful surgeries. In a statement read by the chief, Tysdal’s wife thanked the community for their love and support.

“He is able to open his eyes, and the two surgeries have gone well,” she said.

Indiana Fever guard Caitlin Clark will be a starter and team captain when the WNBA All-Star Game tips off in Indianapolis on July 19.

It won’t be because of her peers, though.

The voting results for the league’s All-Star Game were revealed Monday, and while Clark finished first among guards in the fan voting and third in the media vote, she finished ninth at the position on the players’ ballot.

Clark dominated the fan vote, which accounts for 50% of a player’s weighted score for an All-Star nod. Her 1,293,536 votes are the most for a player in a single season in league history, and as one of the top two fan vote-getters, Clark will be a team captain for the All-Star Game.

Her peers, however, were seemingly not as high on her game.

Ballots include 10 players total — six in the frontcourt and four in the backcourt. Clark finishing ninth means several players left her off their ballot entirely.

Dallas Wings rookie guard Paige Bueckers, meanwhile, finished fourth in the player vote and with a higher weighted vote than Clark.

The 2024 Rookie of the Year and a first-team All-WNBA selection last season, Clark has had an up-and-down sophomore campaign.

Clark is averaging 18.2 points, 5.0 rebounds and 8.9 assists per game so far in 2025. She missed seven of the Fever’s first 16 games due to injury, and her scoring and 3-point shooting (29.5%) are both down from last year.

Clark also leads the WNBA with 5.9 turnovers a night.

Minnesota Lynx forward Napheesa Collier, the league’s leading scorer, will be the other captain for the All-Star Game, which will take place at Gainbridge Fieldhouse — Clark’s home arena — later this month.

A Chicago-area mansion once owned by all-time NBA great Michael Jordan is now listed on Airbnb, offering high-end travelers the chance to vacation like a six-time champion.

According to the Airbnb listing, Champions Point is a seven-bedroom, 17.5-bath estate on 7.39 acres that can accommodate 14 guests.

The home, located in Highland Park, Illinois, has a stunning price tag and requires a minimum seven-night stay. For example, a week-long respite over Labor Day weekend, checking in on Aug. 29 and out on Sept. 5, would cost $120,920.

The mansion features a movie theatre, commercial gym, cigar lounge, wine cellar, pool tables, bars, salon, saltwater aquariums, and — of course — a full-size basketball court.

“This estate was built with privacy, security, and luxury in mind — a private oasis on 7.39 acres surrounded by mature pines, fenced and gated,” according to the listing.

The property was purchased by real estate investor John Cooper for $9.5 million late last year. The Airbnb listing says the house is “Hosted by John. ” The owner did not immediately respond to a request for comment.

“Enjoy putting on your professional-grade putting green, fishing in your private pond stocked with bass and bluegill, and swimming in your zero-entry infinity edge pool.”

The property is about 27 miles north of the United Center, home of the Chicago Bulls and once the workplace of NBA icon Michael Jordan.

He led the Bulls to six world titles in a pair of three-peats, 1991-93 and 1996-98.

Jordan’s 41,010 career regular-season points are fifth all-time, trailing only LeBron James, Kareem Abdul-Jabbar, Karl Malone, and the late Kobe Bryant.

The five-time MVP Jordan’s average of 30.1 points per game is No. 1 in NBA history.

The Utah mom facing charges for allegedly killing her husband and later publishing a children’s book on how to cope with grief was indicted Friday in connection with a series of financial crimes related to his death.

Kouri Richins, 34, was charged in connection with more than two dozen counts of mortgage fraud, forgery, issuing a bad check, money laundering, communications fraud, and a pattern of unlawful activity in the months before her husband, Eric Richins, 39, was poisoned in 2022.

The new charges come more than two years after the mother of three was arrested and charged in connection with her husband’s killing, which she pleaded not guilty to.

According to the indictment, Richins used a power of attorney in 2019 to obtain a $250,000 home equity line of credit (HELOC) on a house her husband owned before they got married without his knowledge. She then allegedly invested the money in her real estate business.

“The secret origination and continued existence of the HELOC was a source of tension between the Defendant and Eric Richins,” the indictment says. “The Defendant informed Eric Richins that she would repay the loan and led Eric Richins to believe that she had repaid it. The HELOC was not paid off on the day of Eric Richins’ death.”

Eric Richins then allegedly consulted an estate planning lawyer in 2020 to “protect himself in the short-term from recently discovered and ongoing abuse and misuse of his finances by the Defendants, and to protect his three children in the long-term by ensuring that the Defendant would never be able to manage his property after his death,” the indictment alleges.

Richins is also accused of stealing more than $100,000 from her husband’s business and spending tens of thousands of dollars on his credit cards, the indictment says.

Kouri Richins’ lawyers, Kathy Nester and Wendy Lewis, said the new charges were “extremely troubling.”

“This sudden push to file new fraud charges over two years later underscores the weakness of the state’s pending murder charges, since these fraud charges would not even come into play unless they fail to secure a conviction,” the lawyers said in a statement.

Kouri Richins’ arrest gained national attention because she published a children’s book titled “Are You with Me?”— which tells the story of a child whose dead father watches over him as an angel — and promoted the book on national television.

Eric Richins was found unresponsive in the pair’s Utah home — about 40 miles southeast of Salt Lake City — after having had a cocktail to celebrate his wife’s business deal.

Five times the lethal dose of “illicit,” non-medical-grade fentanyl was found in his system, according to the local medical examiner’s office.

His murder trial is scheduled to begin in February 2026.

King Charles III’s monarchy will not get a pay raise this year, but the Sovereign Grant will go up by more than 45 million pounds or around $60 million in the 2026-2027 year, accounts showed.

As many of his fellow Britons cope with a cost-of-living crisis, the grant which is paid for by the public and used for royal spending and upkeep of royal assets, remained at around 86 million pounds ($110 million) for the 2024-2025 year, latest annual figures from the Crown Estate showed. The grant will rise to around $170 million next year and remain stable for 2026-2027.

The increase of more than 53% came as the monarchy reported record offshore wind farm profits to the Crown Estate, which is a vast royal collection of land and property across the United Kingdom. This will be used primarily to fund the ongoing refurbishment of Buckingham Palace, according to a Sovereign Grant report released Tuesday.

Funded by the taxpayer, the Sovereign Grant is used to support the official duties of the monarch and other costs such as official travel, thousands of engagements, staff for working royals and the maintenance of occupied palaces.

It is based on a proportion of profits from the Crown Estate, an independently managed portfolio of assets, including luxury properties in central London, historical estates, rural land and the seabed around England, Wales and Northern Ireland worth around 15 billion pounds ($20.6 billion).

The assets are hereditary possessions held “in right of the Crown,” the profits of which are added to Britain’s Treasury. The grant is reviewed every five years, and is expected to next be reviewed through legislation in 2026-27 to keep funding for the royal family at an “appropriate” level.

Control of the estate was surrendered in 1760 by King George III in exchange for a percentage of the profits.

In addition, the king receives income via the Privy Purse from the Duchy of Lancaster, a landed estate, while William, the Prince of Wales, receives the net profits from the Duchy of Cornwall.

Separately, the royal family also received additional income of 21.5 million pounds ($29 million) from a record year of visitors to Buckingham Palace.

The monarchy’s gross share has soared since the Crown Estate clocked in a net revenue profit of 1.1 billion pounds ($1.5 billion) in 2024-25, which included “exceptional short-term uplift from Offshore Wind Leasing,” Dan Labbad, its chief executive, said in a separate report released Tuesday.

Part of the Sovereign Grant is being used to fund Buckingham Palace’s 10-year, 369 million pounds ($475 million) “reservicing,” which includes modernizing building services, new lifts and mechanical pipework. The monarchy has already spent 266.5 million pounds ($367 million) of the agreed servicing amount, the grant said.

The expenses also included more than 800 royal events with almost 100,000 guests, 539 full-time staff.

In February, Charles took delivery of two new helicopters to replace the existing 15-year-old helicopters “due to their unique capability to access remote regions of the U.K. that are not otherwise readily served,” the report said.

It added that the royal train, a favorite of Charles’ mother Queen Elizabeth II, will be decommissioned “following a thorough review into its use and value for money.”

News of the royal family’s soaring budget was met with criticism in some quarters of the U.K. where 4.5 million children, or around a third of the total population of kids, were in poverty, an increase of 100,000 from the previous year, according to government statistics published in March.

An estimated 62% people said their cost of living increased in May compared to April, according to the Opinions and Lifestyle Survey conducted by the U.K.’s Office for National Statistics. The survey reported that 92% of all people also said food shopping became more expensive in the same period.

“Half a billion could go a long way to relieving some of that poverty,” Graham Smith, the chief executive of the anti-monarchy campaign group, Republic told NBC News in a telephone interview Tuesday.

“That money is instead being spent on their personal lifestyles, helicopters and two dozen palatial homes. It’s just criminal,” he added.

WASHINGTON — President Donald Trump threatened to sic the Department of Government Efficiency on Elon Musk’s businesses, saying in a Truth Social post shortly after midnight that there was “big money to be saved.”

“Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa,” Trump said in the post. “No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE.”

“Perhaps we should have DOGE take a good, hard, look at this?” the president added.

A spokesperson for the Musk-backed America PAC did not immediately respond to a request for comment. In the hours after Trump’s post, Musk reposted several graphics on X depicting a climbing national debt, which currently sits at more than $36 trillion, according to government data.

Trump’s post marks the latest blow-up in the feud between the president and the tech mogul, who spearheaded government cost-cutting efforts at DOGE before leaving his special government employee post in May. The public split is a steep downfall from their previously close-knit relationship, which saw Musk spend at least an estimated $250 million to help elect Trump.

In the hours before Trump’s post, Musk repeatedly slammed the so-called “big, beautiful bill,” ultimately suggesting a new political party be launched if the legislation passes.

“If this insane spending bill passes, the America Party will be formed the next day,” Musk wrote in a post to X. “Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE.”

In another post, Musk said that lawmakers who vote for the bill “will lose their primary next year if it is the last thing I do on this Earth.” In a yet another post, Musk shared a graphic depicting Pinocchio sitting in flames, with the word “LIAR” emblazoned across the picture alongside a message about voting to raise U.S. debt.

“Anyone who campaigned on the PROMISE of REDUCING SPENDING , but continues to vote on the BIGGEST DEBT ceiling increase in HISTORY will see their face on this poster in the primary next year,” Musk said in the post.

Two of Musk’s companies — SpaceX and Tesla — have U.S. government contracts or benefit from subsidies, though it is unclear exactly how much the benefits are worth. The Washington Post has reported that Musk’s businesses have received at least $38 billion in various government benefits, credits and contracts.

Days after leaving his White House position, Musk unloaded publicly to criticize the so-called “big, beautiful bill,” blasting it as a “massive, outrageous, pork-filled Congressional spending bill” that was a “disgusting abomination.” He slammed the bill’s projected impact on the federal deficit, arguing that it would “burden American citizens with crushingly unsustainable debt.”

Musk and Trump traded scathing missives on social media in early June. Trump has previously threatened to end government contracts with Musk’s companies, saying during their June fallout that “the easiest way to save money” would be to “terminate Elon’s Governmental Subsidies and Contracts.”

Musk renewed attacks on the Trump-backed bill last week, which came at a vulnerable moment for congressional Republicans who are trying to send the bill to the president’s desk by a self-imposed July 4 deadline. Republicans have slim margins in the House and Senate, and a handful of lawmakers have expressed discomfort with the bill’s impact on the deficit and Medicaid.

The Senate continued to vote on amendments to the bill overnight. The bill must be passed again by the House before heading to Trump for his signature.

An analysis by the nonpartisan Congressional Budget Office indicated that the Senate bill, if passed in its current form, would increase the national debt by $3.3 trillion over the next 10 years. The CBO also estimated that during the same period, nearly 12 million people would lose their health insurance largely because of the bill’s Medicaid cuts.