Today, President Trump and his billionaire-backed Republican-controlled Congress successfully passed their reconciliation bill, passing the largest cuts in Medicaid and SNAP history while slashing billions from other essential programs to fund massive tax giveaways for billionaires and large corporations. The bill will raise average Americans’ costs by causing 17 million Americans to lose their health insurance and 2 million to lose access to food assistance. Throughout the opaque legislative process, the Republican majority in both houses didn’t hold a single hearing on their legislative proposals, and forced their members to vote under the cover of night and during weekend sessions, reflecting the GOP majority’s pattern of minimizing public attention to a wildly unpopular legislative package.
“Today, Congressional Republicans and the Trump administration have finally achieved their craven goal of delivering massive tax giveaways to the billionaires and wealthy corporations that fund their campaigns at the cost of average Americans,” said ATF executive director David Kass. “This bill represents a massive transfer of wealth from the working class to the top 1%. It enacts the largest Medicaid and SNAP cuts in history while adding over $3 trillion to the national debt. Furthermore it makes the tax code more complex with new special interest tax breaks and handouts to the ultra wealthy. In the coming years, Democrats must prioritize repealing and replacing these disastrous policies to protect American families from rising costs and loss of healthcare coverage. We need to create a truly fair tax system and an economy that works for all Americans, not just the wealthy few.”
