New Jersey officials have spent the past year modeling what it looks like when a state absorbs a trillion-plus dollars in federal healthcare and food-assistance cuts. A year in, those projections are starting to feel like reality. The One, Big, Beautiful Bill Act, signed by President Trump on July 4, 2025, cut federal Medicaid funding by roughly $1 trillion nationwide and food assistance by close to $200 billion, financed partly by making earlier tax cuts permanent. New Jerse