Senate Republicans shrink Trump's spending cut package
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12don MSNOpinion
Take one jarring symmetry: the spending cuts to health care and food assistance programs in the bill will average about $120 billion each year over the next decade while the new tax cuts for households already making over $500,000 each year will average just over $120 billion per year.
"So, ask yourself if the extension of the tax cuts, which will primarily benefit the top income quintile, is worth substantial cuts in the programs you value."
The outcome of this bill will be a net negative for everyone except the rich — and it’s time to throw Donald Trump’s populist working-class schtick in the trash.
The sweeping Republican budget bill advancing through Congress illuminates the central fault line in the modern GOP electoral coalition more starkly than any legislation in decades.
Sen. Elizabeth Warren joins MSNBC’s Lawrence O’Donnell to discuss what the “unpopular” cuts to health care and food assistance in the Trump Republican budget bill will mean for families to pay for tax cuts for billionaires,
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
Republicans’ Critical Infrastructure Demand: Protect Tax Cuts for the Rich "We both made that clear with the president. That's our red line," Senate Minority Leader Mitch McConnell told reporters
Republican politicians plan to take food and health care away from the poor to subsidize tax cuts for the rich. That might sound like a stale, Scroogy stereotype. But it’s not an exaggeration ...
Some 30 Republicans said the party must hold to the original GOP budget framework of up to $2 trillion in spending cuts, which they argue are needed to prevent the tax cuts from piling on annual ...
During his first term in office, Trump signed the Tax Cuts and Jobs Act, which disproportionately benefited corporations and the ultra-wealthy. The budget blueprint seeks to finance an extension ...
Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending bill that's now headed to the Senate for a vote It's a tale of two tax ...