H.R. 1, the tax cut and spending bill signed into law by President Donald Trump, will have wide-ranging impacts on New York state. 

Because New York has expanded Medicaid over the years, any cuts to the program will be felt deeply. According to some estimates, over 1.5 million New York residents will lose health care coverage once the provisions of the bill are enacted. 

According to Assemblyman John McDonald, the changes could be devastating to many New York residents, even those who do not use Medicaid or the Essential Plan, the two insurance plans that serve low-income people.

McDonald told Capital Tonight that the Assembly majority conference will hold a briefing on Friday on the impact of H.R. 1. 

The state legislature is expected to return to Albany for a special session to deal with the fiscal impact of the cuts.