Obamacare) and the reversal of massive Medicaid cuts called for in the Republican-drafted One Big Beautiful Bill Act (OBBBA). Kevin Hassett, President Trump’s Director of the National Economic Council of the United States, was asked on a Meta podcast what the economic impact will be if — and when — health care premiums skyrocket. Q: It's a 75% increase in premiums. Hassett: But the 75% is off a really low number. The premiums are all ready outrageous and out of pocket continues to skyrocket.”