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Trump’s budget bill sells out America’s future — soon, Republicans will pay 

2 33
03.07.2025

Elon Musk is right: the massive cash giveaway to the richest at the expense of the poorest that Senate Republicans passed this week is “utterly insane and destructive.”

Average Americans, and soon enough many Republican politicians, will regret the budget bill President Trump and the far-right have cooked up if, as expected, the full Congress passes a final version of the bill into law before the July 4 holiday. The bill will sell out the future of hundreds of millions of working Americans, just to hand Trump and the GOP a short-term political win.

The bogus bill will pile tens of trillions of dollars in new debt on all Americans, especially our young people, while bringing back high inflation and adding costs to average households.

The bill will take health care and revenue away from the lowest income households, while giving away trillions to the richest 1 percent, then adding to average consumer energy costs and exacerbating America’s inequality problem.

The bill will kill millions of new jobs and undermine the manufacturing industries of the future like advanced energy, hurting our workers while helping China. And the bill will worsen climate impacts that are undermining the safety of tens of millions of Americans each year.

Under the House-passed bill all American families making less than $30,000 a year will be worse off, and those with incomes under $10,000 would lose more than $2,700. But the richest........

© The Hill