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Trump's sweeping budget legislation has been described as the biggest Medicaid cut in U.S. history. House Republicans passed the bill early Thursday morning in a 215-214 vote. The legislation would trigger massive cuts to Medicare and Medicaid over the next 10 years, denying coverage to an estimated 7.6 million Americans, according to the Congressional Budget Office. Food assistance under the federal SNAP program would also see $300 billion in cuts, while adding billions in funding for Trump's mass deportation agenda and giving the wealthiest Americans a tax break.
"The legislation is basically a mugging conducted by the 1% against the rest of us. It represents the single largest upward redistribution of wealth effectuated by any piece of legislation in our history," says Chris Lehmann, D.C. bureau chief for The Nation.
Senate Republicans, who have voiced some concerns over the bill, will now have to pass their own version of the budget. With all Democratic senators opposed to the package, Republicans are working to use the reconciliation process to avoid a filibuster.
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Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
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As President Trump pushes House Republicans to support a sweeping budget bill that gives massive tax breaks to the rich while slashing spending for Medicaid, food stamps and subsidies for clean energy, we look at a new series for The Lever's podcast Lever Time, which covers the history of the Republican anti-tax movement and how their anti-government influence is impacting Trump's attempts to build power. The anti-tax activist wing "has made it impossible for this party to raise taxes, which then makes it very difficult to actually govern when you're the party in power," explains Lever Time co-host Arjun Singh. Singh breaks down the roots of the movement and its impact in the MAGA era.
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