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Tony Carrk: Years of multimillion-dollar investments by the wealthy, big corporations, and conservative advocacy groups delivered Trump and congressional Republicans’ Big Beautiful Betrayal

WASHINGTON, DC – Today, The Lever published a new op-ed from Accountable.US Executive Director Tony Carrk exposing the corporate interests driving congressional Republicans’ attacks against Medicaid. As Senate Republicans scramble to keep their draconian healthcare cuts in the Big, Beautiful Betrayal, Carrk argues that any cuts to programs serving millions of Americans—made to protect tax breaks for billionaires and large corporations—represent a fundamental betrayal of the very Americans that Trump and Republicans promised to prioritize.

With that in mind, Carrk asserts that the Big, Beautiful Betrayal isn’t written to benefit most Americans—it’s designed by and to the advantage of the wealthiest Americans, big businesses, and the very lawmakers who wrote it. Carrk breaks down just who’s funding the fight to lower billionaires’ taxes, saying: 

“One of the leading groups running advertisements supporting the “Big Beautiful Betrayal” is the American Action Network. The conservative dark money group spent $4 million to assert that the tax bill will help ordinary Americans, conveniently leaving out the cuts the bill would make to Medicaid and how it would sunset Affordable Care Act subsidies. 

It’s no coincidence the group is peddling a narrative endorsed by big drug companies. Since 2020, the lobbying group Pharmaceutical Research and Manufacturers of America has funneled a staggering $17.5 million to the American Action Network. 

Then there’s ultraconservative billionaire Charles Koch. After receiving over $72 million from the oil and gas industry between 2020 and 2024, Koch’s Americans for Prosperity announced a $4 million push to pass the billionaire tax cuts. 

And lastly, private equity groups, who have systematically increased the cost of living by invading industries from medicine to housing to food, have spent at least $7 million fighting to keep a provision in the reconciliation bill that makes it possible for Wall Street executives to pay less in taxes than the average firefighter, teacher, and small business owner.”

Read the full op-ed here. 

 

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