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Trumps Big Bill for Billionaires Steals from the Poor to Give to the . . . The Big Bill for Billionaires sets a new precedent for wealth transfers to the ultra-rich In 2017, President Trump and Republicans enacted the so-called Tax Cuts and Jobs Act (TCJA), a historically bad bill which increased the deficit by $1 9 trillion
Inside Trump’s ‘Big beautiful bill’: Tax cuts for the rich, medicaid . . . Synopsis Donald Trump’s giant tax and spending bill has cleared the Senate but leaves millions worried The “Big Beautiful Bill” slashes Medicaid, food aid, green jobs, and student relief to fund tax breaks for the rich Experts warn young Americans will inherit rising debt and fewer services
Trump’s “Big Beautiful Bill” Redistributes Wealth From the Poor to the Rich Republicans’ marquee reconciliation bill would redistribute wealth from the poorest to the richest Americans over the next decade, new estimates from the Congressional Budget Office (CBO) show An analysis of the bill, dubbed by President Donald Trump as the “One Big Beautiful Bill Act,” finds that the poorest 10 percent of Americans would experience a 4 percent decrease in their
Did the House Pass the Big, Beautiful Bill? What Happens Now Rob the poor to pay the rich Despite Republicans’ calling the bill “a deal for the working people,” its hallmark provision is tax cuts and deductions that largely benefit the wealthy, extending legislation Trump originally passed in 2017