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Trump-Backed Bill Would Cut Aid for Poor, Boost Tax Breaks

Trump-Backed Bill Would Cut Aid for Poor, Boost Tax Breaks

Published 10 months ago
Description

President Donald Trump’s massive budget legislation, dubbed the “Big Beautiful Bill,” would cut income for the poorest Americans while increasing tax savings for high earners, according to new analysis by Yale’s Budget Lab. Cuts would phase in by 2026, with deep impacts on Medicaid and SNAP programs.

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