The New York Times: “The disparity owes largely to the fact that Republicans aim to pay for their tax cuts by slashing programs for the poor, including Medicaid and food stamps.”

WASHINGTON, DC – Yesterday, Senate Republicans passed a budget scheme that will drain funding from critical programs like Medicaid and SNAP while giving tax breaks to billionaires, large corporations, and Republican lawmakers themselves. Per the New York Times, the wealthiest Americans are set to benefit the most from the Big Beautiful Betrayal, while offset cuts “amount to one of the largest retrenchments in the federal safety net in a generation” that don’t even begin to cover the cost of the bill. 

From the New York Times

Millions of low-income Americans could experience staggering financial losses under the domestic policy package that Republicans advanced through the Senate on Tuesday, which reserves its greatest benefits for the rich while threatening to strip health insurance, food stamps and other aid from the poor.

For many of these families, the loss of critical federal support is likely to negate any improvements they might have seen as a result of slightly lower taxes, experts said. That reality could undercut Republican lawmakers and President Trump, who insisted anew this week that their legislative vision would benefit the entire economy…

The disparity owes largely to the fact that Republicans aim to pay for their tax cuts by slashing programs for the poor, including Medicaid and food stamps. The cuts amount to one of the largest retrenchments in the federal safety net in a generation. But the savings they generate only offset a fraction of the total cost of the bill, which is expected to add more than $3 trillion to the federal debt by 2034…

Democrats repeatedly raised those risks over the course of a marathon, three-day debate ahead of the bill’s passage, as they tried to ward off changes to the federal safety net. But Republicans rebuffed each of those attempts, opting only to shield certain states from the steepest cuts in order to win over holdouts, including Senator Lisa Murkowski, Republican of Alaska…

“How can any senator go home and tell their constituents, ‘I’m sorry, I took away your health care because I wanted to give tax breaks to billionaires’?” Senator Chuck Schumer, Democrat of New York and the minority leader, asked during debate on Monday. He accused Republicans of pursuing policies “ruinous to their own constituents.”

###

back to top