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Trump's Big Bill Is Raw Deal for Most Americans

UNITED STATES OF AMERICA, JUL 16 – The law cuts Medicaid and SNAP by 12% and 20%, respectively, while boosting military spending by $150 billion and increasing Immigration and Customs Enforcement funding by $75 billion.

  • Earlier this month, Congress passed the Big Beautiful Bill, a sweeping law that reshapes US domestic policy including tax cuts, social program cuts, and increased military funding.
  • By enshrining the 2017 tax cuts, Trump drives the belief that wealth will trickle down to middle and working classes.
  • Nearly 90% of water infrastructure funding is cut, removing over $2 billion from Drinking Water and Clean Water State Revolving Funds.
  • Food banks are set to face another surge of people in need once the SNAP rolls are purged later this year.
  • In the long term, Yale analysis finds the poorest 20% will lose $700 annually, while the top 1% gains $30,000, reflecting significant fiscal and equity impacts.
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40 Articles

Buffalo NewsBuffalo News
+31 Reposted by 31 other sources
Center

Trump's big bill is raw deal for most Americans

The “big, beautiful bill” that passed Congress is a raw deal for working-class Americans. It should be called the “billionaire bailout bill.”

·Buffalo, United States
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  • 82% of the sources are Center
82% Center

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In These Times broke the news in on Wednesday, July 16, 2025.
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