@spaghettiwestern@sh.itjust.works to politics @lemmy.world • 1 month agoTrump 'lied': Shock as GOP bill would trigger more than $500 billion in Medicare cutswww.alternet.orgexternal-linkmessage-square32fedilinkarrow-up1353arrow-down10
arrow-up1353arrow-down1external-linkTrump 'lied': Shock as GOP bill would trigger more than $500 billion in Medicare cutswww.alternet.org@spaghettiwestern@sh.itjust.works to politics @lemmy.world • 1 month agomessage-square32fedilink
minus-squareKairoslinkfedilink23•1 month agoThe tax will cover the tax cuts on people who already have an obscene amount of money.
minus-square@sushibowl@feddit.nllinkfedilink7•1 month agoIt will not, actually. This bill is far from budget neutral. The tax breaks for rich people are so massive that they far outweigh the big cuts to vital social programs. This bill will grow the deficit by trillions of dollars over the next decade.
The tax will cover the tax cuts on people who already have an obscene amount of money.
It will not, actually. This bill is far from budget neutral. The tax breaks for rich people are so massive that they far outweigh the big cuts to vital social programs. This bill will grow the deficit by trillions of dollars over the next decade.