NEW: Nonpartisan analysis confirms that the benefits of Trump's "Big, Beautiful" Bill are dramatically skewed toward the wealthy while leaving struggling families WORSE off.In short: families lose, billionaires win.
— Senate Budget Committee (@senatebudget.bsky.social) 2025-06-12T22:34:19.282Z
Our essay on the new congressional Budget Office estimate of who and what will benefit from the president’s domestic spending legislation: substack.com/@johnfdicker…
— John Dickerson (@jdickerson.bsky.social) 2025-06-13T01:07:34.199Z
Crucial new analysis from @budgetlab.bsky.social taking CBO’s distributional analysis and including the impact of tariffs.The combined effect of the “big beautiful bill” and Trump’s tariffs has the bottom 80% losing on average, the 9th decile flat, and only the top 10% better off.
— Bobby Kogan (@bbkogan.bsky.social) 2025-06-12T17:54:50.679Z
NEW FROM CBO: brutal distributional analysis of House GOP "Big Beautiful Bill"On avg the bottom 30% of households get poorer under the GOP billAvg gets little – and are worse off if you include tariffsThis'd be the largest transfer of wealth from the poor to the rich in a single law in history
— Bobby Kogan (@bbkogan.bsky.social) 2025-06-12T15:02:43.211Z
New JCT analysis of the House-passed budget reconciliation bill is out.Under the GOP plan, more tax cuts go to millionaires than the entire half of America combined.This graph shows just the tax side. Include the Medicaid & SNAP cuts (which we'll get from CBO soon), & it's a cut for the poorest.
— Bobby Kogan (@bbkogan.bsky.social) 2025-06-09T17:08:07.712Z
Hidden stuff in "everybody's going to die bill" is as bad as its gutting of our healthcare. Please keep pressuring Senators & Reps. #StopTheBillionaireBailoutBill@resistBot5calls.org#NoKings#demsUnited#usDemocracy#Voices4Victory#DemVoice1Gifted: http://www.nytimes.com/2025/06/09/o…
— Do Not Obey. We are Democracy. (@zangerliberia.bsky.social) 2025-06-09T15:05:25.780Z
Sad! 