Editorial: One Big Ugly Bill
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The more we learn about the One Big Beautiful Bill, the uglier it gets.
We won’t begin to attempt to dissect all that’s wrong with this 1,018-page monstrosity in a single editorial. The highlights, though, are bad enough.
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We wrote earlier about how this bill would effectively kick 9.8 million low-income people off Medicaid, raise out-of-pocket health care costs for people barely above the poverty line, and likely destroy the Affordable Care Act with no plan to replace it.
Overall, its provisions would result in a transfer of wealth from the lowest-income Americans to the richest while tossing a pittance to the middle class, and the unnecessary ascent of our already-soaring national debt.
This legislation is also notable for one thing it doesn’t do: address the looming insolvencies of Social Security and the Hospital Insurance portion of Medicare.
As we and others have warned in the past, the longer Congress and presidents fail to address these problems, the more Draconian the inevitable crisis-driven solutions will have to be.
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Let’s start with the transfer of wealth. Various analyses of the bill have shown that it will benefit the wealthiest Americans the most – and that this largesse will come at the expense of the........
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