How the Republican Tax Law Impacts Nevada
On July 4th, 2025, President Trump signed H.R. 1, the Republican tax bill, into law. I voted against this bill because it cut nearly $1 trillion from Medicaid, raised energy costs, and slashed food assistance programs used by 40 million Americans while adding $4 trillion to the deficit. Republicans in Congress did all of this to cut taxes for the top 0.1% while raising cost on working families.
Here’s how Republicans’ tax law will affect our state:
GOP Health care Cuts
Republicans’ Medicaid cuts will delay care, drive up costs for everyone, and even force hospitals and clinics in our communities to reduce services or shut down entirely.
- Over 100,000 Nevadans could lose their Medicaid coverage due to new red tape reporting requirements and the rollback of rules that helped families keep their coverage.
- The Republican tax law also cuts about $8 billion from the Medicaid funding used to support Nevada hospitals, health centers, and health care providers. That’s a nearly 20% reduction in funding for our state.
The Republican tax law failed to extend tax credits that lower Affordable Care Act premiums for middle-class families, potentially pricing Nevadans out of their coverage.
- Over 20,000 Nevadans could lose their Nevada Health Link coverage as a result of Republicans’ law.
- Tens of thousands of Nevadans could see their monthly premiums increase as the enhanced Affordable Care Act tax credits expire.
- Rising uninsured rates could raise costs for others with private insurance, create delays, and force reductions in service or closures at health centers in Nevada.
The Republican tax law could create delays for care and even force hospitals serving Medicare enrollees to close as it spreads chaos in our health care system.
- Nevadans with Medicare in rural areas could be forced to travel hundreds of miles for care as clinics and hospitals lose their Medicaid funding.
- Without insurance, Nevadans could be forced to rely more on emergency rooms, creating bottlenecks to care for everyone.
Increased Energy Costs
The Republican tax law cuts investments in American energy and efficiency, driving up costs and Nevadans’ power bills by an estimated $300.
- By canceling investments in clean, American energy, this law could kill countless new power plants in Nevada needed to meet future energy demand, pushing costs even higher for families and businesses.
- The law also cancels programs that helped Nevada homeowners install energy-efficient upgrades, raising costs for families across the state.
Cutting investments in American energy projects in Nevada could lead to thousands of Nevadans losing their jobs, and threaten even more jobs as the cost of energy rises.
- Republicans’ cuts to American clean energy could put 24,000 jobs in Nevada on the line as new solar, geothermal, wind, and hydroelectric projects are canceled.
- Soaring energy costs could drive American manufacturing and even more jobs overseas.
- The Republican law also cancels investments in critical support infrastructure, making it harder to grow Nevada’s clean energy industry.
GOP Food assistance cuts
The Republican tax law makes changes to food assistance like the Supplemental Nutritional Assistance Program that could leave Nevadans going hungry.
- The law adds more layers of government red tape to SNAP, making it harder for families, veterans, and seniors to get help when they need it.
- Republicans have limited future updates to food assistance programs through the Thrifty Food Plan, potentially preventing families from being able to afford healthy food in the future and ignoring real-world costs.
- Under these cuts, churches and food banks will struggle to help families in need, and students could lose access to their school meal programs too.
Tourism and Travel Cuts
The Republican tax law adds to recent threats to Nevada’s tourism economy, including the President’s chaotic tariffs and harmful rhetoric that puts jobs at risk.
- The law cuts nearly 80% of BrandUSA’s funding, an agency responsible for promoting U.S. destinations like Las Vegas and Lake Tahoe to the world and bringing tourists to our state.
- Republicans have also added a $250 tourist fee, making it more expensive to visit Nevada and driving potential tourists to other countries.
Nevada’s economy counts on tourism, including tens of thousands of workers and small businesses in our hospitality and gaming industries. This legislation will drive visitors away and harm our economy.
- The Republican tax law includes a provision raising taxes on gambling losses, forcing people to potentially pay taxes on money they never had.
- By raising taxes on gambling losses, Republicans are driving professional and recreational gamblers to other destinations overseas, hurting our economy in Nevada.
This list is not exhaustive. If you have any questions about provisions found within the Republican tax bill please contact my office at any of our locations.