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CBO: Trump’s Big Bill Widens Wealth Gap
The Congressional Budget Office says President Donald Trump’s One Big Beautiful Bill Act will increase household income overall between 2026 and 2034 — but with the largest gains going to the wealthiest Americans. Low-income households will face losses due to cuts in Medicaid and SNAP.
Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter
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By Ebony McMorris, Jamie Jackson, Clay Cane
5
66 ratings
The Congressional Budget Office says President Donald Trump’s One Big Beautiful Bill Act will increase household income overall between 2026 and 2034 — but with the largest gains going to the wealthiest Americans. Low-income households will face losses due to cuts in Medicaid and SNAP.
Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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