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Trump's Big Beautiful Bill Steals $3 Trillion from the Poor to Fund Tax Breaks for the Rich

Trump's One Big Beautiful Bill Act cuts $3 trillion from Medicaid and social safety nets while bestowing permanent tax breaks on the wealthiest. This legislation prioritizes corporate interests over the needs of vulnerable communities, marking a significant step backward for economic justice in America.

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Trump's Big Beautiful Bill Steals $3 Trillion from the Poor to Fund Tax Breaks for the Rich
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Massive Cuts to Medicaid Impact Millions

On July 4, 2025, President Donald Trump signed the so-called "One Big Beautiful Bill Act" into law, a sweeping legislation that is projected to decimate Medicaid and other essential social safety net programs. According to research findings, millions of vulnerable Americans will lose access to health insurance, exacerbating the already dire health care crisis faced by low-income families.

Wealthy Corporations Win Big

The bill is not just a tragedy for the disadvantaged; it is a bonanza for the ultra-rich and corporate interests. One of the most shocking provisions allows tax deductions for private jets, making it easier for corporate executives to indulge while the working class struggles to make ends meet. As reported by NPR, this provision alone represents a permanent tax break for the wealthy, contrasting sharply with temporary relief for working-class Americans.

AFSCME Retirees protest Project 2025’s call to destroy Medicare ...

AFSCME Retirees protest Project 2025’s call to destroy Medicare ...

Student Loan Borrowing Limits Harm Future Generations

Trump's legislation also places stringent caps on federal student loans, with a lifetime borrowing limit of $100,000 for graduate education. This is particularly alarming given that the median cost of a medical education can surpass $286,000 as reported by the Commonwealth Fund. This policy shift will effectively price out lower-income students from critical fields like medicine and law, further entrenching systemic inequality in access to education.

Big Pharma Gets a Pass

In a move that favors pharmaceutical giants, the bill includes provisions that limit Medicare's ability to negotiate drug prices, a vital measure designed to make life-saving medications affordable. As reported by The New York Times, the new laws exempt drugs treating multiple rare conditions from price negotiations, effectively allowing drugmakers to continue to profit excessively while everyday Americans struggle to afford necessary treatments.

Tax relief on commercial aviation is good news for private ...

Tax relief on commercial aviation is good news for private ...

Nursing Home Care Standards Delayed

The “Big Beautiful Bill” also rolls back essential staffing requirements at nursing homes, delaying improvements in care for elderly patients. A decade-long moratorium on Biden-era rules means that vulnerable seniors will continue to face inadequate care. This is particularly concerning in light of the catastrophic outcomes seen in nursing homes during the COVID-19 pandemic, as reported by AP News.

Taxpayer Dollars Funneled into Corporate Interests

Furthermore, the bill's allocation of $100 million to find efficiencies within the executive branch is a thinly veiled attempt to slash necessary services that support working families. According to the Center for American Progress, this funding could undermine critical consumer protections, exacerbating economic hardship for millions of Americans.

US Senator Cassidy calls on Kennedy to appear before Senate ...

US Senator Cassidy calls on Kennedy to appear before Senate ...

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