Trump, beautiful bill
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Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.
The congressional budget bill, dubbed the "One Big Beautiful Bill' by its Republican authors, is making its way through Congress. Here's what you need to know.
The Congressional Budget Office estimates the Republican bill would shrink resources for low-income households.
America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.
The Republicans' "One, Big, Beautiful Bill" would hurt the finances of the lowest-income households while enriching the wealthiest ones, a new analysis found.
Republican budget hawks faced painful calculations Wednesday as the House inched toward advancing President Donald Trump’s “big, beautiful bill” that would saddle more generations with trillions of dollars in debt.
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Amazon S3 on MSNBig Beautiful Bill Will 'Explode The Deficit,' And Make The Rich Richer: Congressional Budget Office Estimates 4% IncomeThe Congressional Budget Office warned Tuesday that Donald Trump’s proposed One Big Beautiful Bill Act would increase the federal deficit by $3.8 trillion through extended tax cuts. It would also slash Medicaid and SNAP funding by $965 billion.
Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,