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Uncle Joe

(61,739 posts)
Fri May 23, 2025, 12:29 PM Friday

"Theft from On High": Trump's Budget Bill Guts Medicaid, Medicare & More to Pay for Tax Cuts



Trump’s sweeping budget legislation has been described as the biggest Medicaid cut in U.S. history. House Republicans passed the bill early Thursday morning in a 215-214 vote. The legislation would trigger massive cuts to Medicare and Medicaid over the next 10 years, denying coverage to an estimated 7.6 million Americans, according to the Congressional Budget Office. Food assistance under the federal SNAP program would also see $300 billion in cuts, while adding billions in funding for Trump’s mass deportation agenda and giving the wealthiest Americans a tax break.

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"Theft from On High": Trump's Budget Bill Guts Medicaid, Medicare & More to Pay for Tax Cuts (Original Post) Uncle Joe Friday OP
REAL NUMBERS homegirl Friday #1
They want you dead they want me dead. Eliot Rosewater Friday #2
"great" nations do not shit on the poors. its uncivilized + brutal. we are not GREAT now. pansypoo53219 Friday #3

homegirl

(1,732 posts)
1. REAL NUMBERS
Fri May 23, 2025, 12:35 PM
Friday
LET'S TALK REAL NUMBERS...

Economist Robert Reich points out that

Americans making between about $17,000 and $51,000 will lose about $700 a year.

On average, Americans with incomes of less than $17,000 will lose more than $1,000 a year.

But if you are among the top 0.1% of earners, you’re in luck: you’ll gain nearly $390,000 a year.


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