'Big beautiful bill' mostly benefits the rich, while low earners would suffer from Medicaid and SNAP cuts, Yale report says
Monday, 30 June 2025 () A massive legislative package Senate Republicans are trying to pass this week would hurt the lowest-earning Americans financially while boosting the incomes of wealthier households, according to a Yale Budget Lab analysis issued Monday. The "One Big Beautiful Bill Act" would reduce income by 2.9%…
There’s a tense battle going on in the Senate right now over President Trump’s Big, Beautiful Bill. Key issues include $330B in Medicaid cuts targeting able-bodied individuals, sparking concerns from Sen. Josh Hawley. Sen. Susan Collins proposes a 39.6% tax hike on those earning over $25 million...
US Senate passes Trump's 'big beautiful' tax and cuts bill after turbulent all-nighter
The package now goes back to the House, where Speaker Mike Johnson had warned senators not to overhaul what his..
Credit: euronews (in English) Duration: 02:10Published
Monday, 30 June 2025 ()
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