Joy-Ann Reid exposes a troubling trend in Republican strategies that prioritize the rich over the needy. The "Reverse Robin Hood" proposal by Thom Tillis aims to slash social programs, jeopardizing healthcare and essential services for millions while granting tax breaks to billionaires. This alarming wealth transfer could further widen socioeconomic gaps. Public opposition is on the rise, and political consequences may follow. Read more: https://www.joyannreid.com/p/a-daily-reid-magas-big-billionaire #Politics #Medicaid #TaxReform #WealthInequality #Healthcare #SocialPrograms

Trump’s “Big Bill”: Debt, Discontent, and a Deadline

Donald Trump is fiercely campaigning for his “Big Beautiful Bill,” a massive legislative package aiming to deliver record tax cuts and increase spending on the military and border security. Touted as a way to benefit every American and fulfill his election promises, the bill has already passed the House of Representatives but now faces significant hurdles in the Senate, even within his own Republican party. Despite White House claims of economic growth, the independent budget office […]

https://nomorecubes.net/2025/06/trumps-big-bill-debt-discontent-and-a-deadline/

As #Congress finalizes the reconciliation package, we need to keep the pressure ON and urge them to save #socialprograms and reject BILLIONS more for wasteful #weapons contractor payouts like Golden Dome. Can we count on you? https://act.winwithoutwar.org/go/34272?c0=golden-dome.-eE5qx&source=em20250517&t=8&akid=10456%2E1013926%2EMc3w0K

A national plan to end food insecurity in Canada is within reach
#Canada #FoodInsecurity #Economy #EndHunger #Labour #FoodJustice #BasicIncome #PovertyCrisis #SocialPrograms #AffordableLiving #FoodSovereignty #IncomeSupport #RightToFood #Poverty
https://the-14.com/a-national-plan-to-end-food-insecurity-in-canada-is-within-reach/

Mike Johnson commends Elise Stefanik's UN ambassadorship as a controversial GOP bill threatens millions. Accountable.US reveals that the "Big Beautiful Bill" is designed to benefit wealthy lawmakers, risking essential programs like SNAP and Medicaid for working-class Americans. Critics, including Bernie Sanders, label it immoral. Despite warnings, GOP members largely support the bill, highlighting conflicts of interest. For an in-depth look, click here: https://www.alternet.org/gop-bill-wealthly/
#GOP #BigBeautifulBill #SocialPrograms #Accountability #Healthcare #SNAP #USPolitics

I'm not sure what it's going to take for mainstream media to admit the GOP reconciliation budget bill is absolutely a plot to murder labor class Americans for the benefit of the wealthiest people in our society, but the evidence that this is precisely what's going on here continues to mount. A breaking Congressional Budget Office estimate released last night shows that precisely because the Republican Party's class war murder and theft bill does *not* reduce the deficit, but will in fact increase it, passing this budget reconciliation bill will automatically trigger sequestration under the Statutory Pay‑As‑You‑Go Act; which is a fancy way of saying it will result in over $500 billion in cuts to Medicare over the next 10 years. This is of course despite President Donald Trump's promise that the so-called "Big Beautiful Bill" wouldn't touch funding for either Medicaid or Medicare.

https://www.commondreams.org/news/cuts-to-medicare

'They're Not Just Cutting Medicaid': GOP Bill Would Trigger Over $500 Billion in Medicare Cuts

"This Republican budget bill is one of the most expensive—and dangerous—bills Congress has seen in decades," said Boyle, the top Democrat on the House Budget Committee. "The nonpartisan CBO makes it clear: The deficit will explode so badly it will trigger automatic cuts, including over half a trillion dollars from Medicare."

"This is what Republicans do—pay for massive tax breaks for billionaires by going after programs families rely on the most: Medicaid, food assistance, and now Medicare," Boyle added. "It's reckless, dishonest, and deeply harmful to the middle class."

Boyle highlighted the CBO's findings during his testimony at the House Rules Committee hearing, which began in the early hours of Wednesday morning.

"This is really the breaking news," Boyle said. "Over the last several months, there's been no discussion of Medicare at all. There has been of Medicaid, but not of Medicare."

"Because of the size of the deficits, because of the PAYGO or Pay-As-You-Go Act, that would trigger sequestration of Medicare, and it would total over $500 billion," Boyle continued. "The official figure that CBO confirms is $535 billion in cuts to Medicare."

For those of you who are unaware, Medicare is the federal health insurance program that typically provides coverage for Americans 65 and over; it's at least partially funded by payroll taxes and in a country that does almost nothing to help seniors who are no longer in the workforce, it's a program that saves lives every single day. The GOP has been trying to eliminate or privatize this program for decades, and as such I have a hard time believing these proposed cuts, which again add up to like $550B over the course of ten years, are in any way accidental even if they are automatic. These GOP nazis know what they're doing, and the rest of their budget is devoted to the same goal: killing poor and marginalized people so the wealthiest individuals in our society can pile up more money they won't live long enough to spend. Peter Thiel needs more cheddar to mainstream dystopian fascist propaganda, so Grandma is going in the woodchipper; that's literally the plan here, and it is both entirely predictable and intentional.

Which of course brings up the question of why American corporate media isn't just up and telling you that the Republicans want to kill poor people and seniors to pay for Elon Musk's quest to birth himself a child army by bribing social media influencers to accept his sperm? Could it be because the people who own those media outlets stand to make a pretty penny from the GOP's reconciliation budget bill and they hate poor people almost as much as rich Republican nazis do? Who can say...

#USPol #Budget #Medicare #Seniors #Capitalism #Austerity #ClassWar #Trump #MikeJohnson #GOP #RepublicanParty #ReconciliationBill #Murder #Theft #Medicaid #SocialPrograms #Media

Paul Krugman warns the U.S. may be facing a "Liz Truss moment" due to reckless budget decisions, including Trump's tax cuts for the wealthy and severe social program cuts. He argues these measures are cruel and undermine U.S. fiscal integrity, pointing to alarming economic indicators like high deficits and rising interest rates. Krugman’s insights raise concerns over potential declines in market confidence. For a deeper dive, click here: https://paulkrugman.substack.com/p/a-liz-truss-moment-for-america #EconomicOutlook, #BudgetDeficit, #TaxCuts, #SocialPrograms, #MarketConfidence. Kudos to Krugman for this critical analysis!

Next up in our tour of budget analysis on Common Dreams, I'd like to share a report that demonstrates why I'm referring to this bill as a literal "class war" budget. This monstrous bullshit is basically a nesting doll of terrible policies and financial gifts for some of the worst people in our society, at the expense of the most vulnerable. In addition to ripping over a trillion dollars out of social safety net programs, the reconciliation bill *also* creates a tax shelter for rich people funding the longstanding fundie fascist quest to privatize American schools, while effectively disincentivizing actual charitable giving.

https://www.commondreams.org/news/republicans-school-privatization

GOP Bill Gives Rich Funders of Deeply Unpopular School Privatization 'A Lucrative Tax Shelter'

"In effect, according to an analysis published Thursday by the Institute on Taxation and Economic Policy (ITEP), the legislation "allows wealthy individuals to avoid paying capital gains tax as a reward for funneling public funds into private schools."

"While the bill significantly cuts charitable giving incentives overall, nonprofits that commit to focusing solely on supporting private K-12 schools would be spared from those cuts and see their donors' tax incentive almost triple relative to what they receive today," ITEP explained. "On top of that, the bill goes out of its way to provide school voucher donors who contribute corporate stock with an extra layer of tax subsidy that works as a lucrative tax shelter."

"The House tax plan would create a system that treats people supporting private K-12 vouchers far more generously than donors to children's hospitals, veterans' groups, and every other cause imaginable," the group added.

ITEP estimated that if the policy had been in effect in 2021, billionaire Elon Musk could have saved $690 million in federal capital gains taxes."

As I wrote back when Trump named school voucher advocate Betsy DeVos his first Education Secretary, the privatization of American schools is a longstanding goal of ruling class fundie fascists, who stand to benefit from that privatization in a plethora of ways. Not only do these folks have billions of dollars invested in private education companies looking to monetize the replacement of America's public education system, they also want to establish those schools as Christian Nationalist indoctrination centers away from the prying eyes of state regulators, advocacy groups, and teachers unions. These folks paid a lot of money to buy GOP politicians and everything about this aligns completely with the Trump administration's fascist agenda, so I'm not at all surprised that the GOP is now trying to actively incentivize investing in school privatization; if you want to know why the Pork Reich is busy trying to sabotage public education, look no further than the millions and millions of dollars the folks behind the Christian Nationalist school voucher lobby stand to gain from it.

#Budget #GOP #Trump #ClassWar #ElonMusk #Vouchers #Privatization #USPol #Murder #Theft #Capitalism #Billionaires #Republicanparty #SocialSafetyNet #SocialPrograms

Okay, so as I mentioned yesterday, I don't think the GOP's embarrassing failure to get their nightmare class war budgetary bill out of committee yesterday, actually means all that much; especially since the GOP freaks who voted against the bill did so because it wasn't going to kill enough poor people to appease their deficit scaremongering bullshit. I suspect most of the homicidal cuts in Trump's "big beautiful bill" aren't going anywhere, so I'm going to keep sharing analysis of that bill until it's actually dead.

To that end, I'd like to look at a compilation of some of Common Dreams excellent budget analysis, because they're doing a much better job grounding their perspective in the concerns of the people who're going to be most affected by these cuts: labor class people, particularly otherwise marginalized labor class people.

First up, as more research proving Medicaid saves thousands of lives is released, it's becoming demonstrably clear that folks calling the GOP's proposed budget bill "homicidal" aren't exaggerating at all. This bill is going to literally kill a whole lot of people.

https://www.commondreams.org/news/medicaid-cuts-nebr-research

GOP Cuts to Medicaid 'Will Kill People,' Advocate Warns and New Research Bolsters

"As Republicans in Congress pressed ahead this week with a plan that would cause at least 8 million Americans to lose Medicaid as part of a sweeping tax and spending bill desired by U.S. President Donald Trump, a recently published working paper from the National Bureau of Economic Research, first reported on by The New York Times, shows that Medicaid expansion saved over 27,000 lives since 2010.

A provision in the 2010 Affordable Care Act, which went into effect in 2014, allowed states to expand eligibility for Medicaid to all low-income adults regardless of disability or parenthood status. The change is part of the reason that enrollment in the program rose roughly 50% between 2010 and 2021, according to the authors of the study.

The study, which used a dataset of 37 million low-income American adults, found that expansions increased Medicaid enrollment by 12 percentage points. The study estimates that people who enrolled in Medicaid were 21% less likely to die compared to those not enrolled."

The fact is that deficit scaremongers and so-called "fiscal hawks" rely on transforming policies that will murder Americans into piles of numbers and abstractions, to claim we can't anticipate the negative outcomes of economic policy on labor class people. This isn't just right wing wish-casting however, because the GOP has access to the same data everyone else does, and they know real human lives will end on the other side of those numbers. They just don't care; they're fine with lying to you and murdering people to give billionaires huge tax cuts and look tough on "entitlements."

#Budget #GOP #Trump #ClassWar #Medicaid #USPol #Murder #Theft #Capitalism #Billionaires #Republicanparty #SocialSafetyNet #SocialPrograms

House Republicans are overhauling SNAP, targeting dependent child definitions and work requirements. This proposal alters the age limit for dependents from under 18 to under 7, risking food aid for millions. Furthermore, it raises the work eligibility age for adults and forms part of a $4.5 trillion tax cut scheme benefiting the wealthy. Concerns about child labor abuses arise amid relaxed protections. Read the full article for deeper insights. https://www.alternet.org/news-politics/gop-babies-7-kids/ #SNAP #RepublicanProposal #ChildDependents #FoodAssistance #SocialPrograms #TaxCuts #ChildLabor

Misleading claims about social welfare fraud spark controversy. House Speaker Mike Johnson's recent comments on Fox suggest significant cuts could come from addressing Medicaid fraud. However, the article highlights that most fraud originates from provider misconduct, not beneficiaries. This narrative raises moral concerns and contradicts the values of supporting the needy. For clarity on the impact of these claims, explore the full analysis [here](https://crooksandliars.com/2025/04/speaker-johnson-lies-about-medicaid-fraud). #Medicaid #Welfare #Fraud #SocialPrograms #Politics. Kudos to the writer for shedding light on this crucial issue.

Fix this, #UCP! STOP subsidizing #billionaires and instead restore full funding to #Education, #healthcare, #socialprograms! #daniellesmith #Alberta
https://supporteducationworkers.ca/action/

Canada needs a powerful economic leader who is also committed to strong social safety network. Mark Carney has the expertise and experience. Excellent discussion with John Stewart. #Canada #Government #Liberals #CPC #ClimateChange #Environment #SocialPrograms
https://youtu.be/zs8St-fF0kE?si=c7_UIYQoVClsO9QR

#JDVance is championing a bill that ties #socialprograms to participation in the #workforce, continuing his shift towards #DonaldTrump's hardline #GOP stance. Critics argue this move undermines #socialwelfare and disproportionately affects marginalized communities, highlighting ongoing debates over the role of government assistance.

https://www.democracynow.org/2024/7/29/more_jd_vance

Wab Kinew reaching to tie trade to increasing military spending is pretty disgusting. We need to divest our spending from the military and invest in what matters in #health, #diplomacy #socialprograms and #housing. #Canada #cdnpoli #NATO #WabKinew
https://www.cbc.ca/news/politics/wab-kinew-nato-trudeau-1.7266035

Mexican president-elect Claudia Sheinbaum will tackle boosting social programs despite a record budget deficit of 5.9% GDP in 2024, up from 4.3% in prior years due to increased spending on infrastructure and welfare by outgoing President AMLO.

#MexicoElection2024 #ClaudiaSheinbaum #SocialPrograms #BudgetDeficit #FiscalPolicy

Does anyone NOT realize this is how things end up privatized? I mean, heck, in Texas we privatize things promising they'll cost less. Then when they end up actually costing more (surprise, right?) it doesn't matter, because it's private now, and you have no choice but to use it, because it has taken over a public function that was eliminated.

#privatize #socialprograms #socialwelfare #welfare #socialism #publiccontract

That spending would be more than offset by dramatically increasing taxes on the wealthiest individuals & corporations, the WH said. #Biden’s #budget would increase the minimum tax on billion-dollar corporations to 21% from 15%. It would raise taxes on US multinationals’ foreign income to 21% from 10.5%, & eliminate some #TaxDeductions for executive compensation.

#EconomicPolicy #economy #law #POTUS #healthcare #ChildCare #housing #NationalDebt #SocialPrograms

#Biden calls for broad new #SocialPrograms, higher #taxes on #corporations & the #wealthy

#POTUS Biden on Mon called for major new spending initiatives to lower costs for #healthcare, #ChildCare & #housing & enough new taxes on the wealthy & major corporations to pay for those proposals & also shave $3 trillion off the #NationalDebt over the next decade.

#EconomicPolicy #economy #law
https://www.washingtonpost.com/business/2024/03/11/biden-budget-campaign-taxes/