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CBO: Trump’s Big Bill Widens Wealth Gap

CBO: Trump’s Big Bill Widens Wealth Gap

Published 8 months, 3 weeks ago
Description

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.

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