The Republican Budget Plan Will Lead to the Largest Redistribution from the Working and Middle Class to the Ultra-Rich in US History
Originally published at Pennsylvania Policy Center on May 16, 2025. House Republicans are moving with a budget reconciliation bill that makes deep cuts to Medicaid and SNAP to pay for tax cuts to the ultra rich. One charts sums up the impact of the reconciliation bill. The cuts to Medicaid, the Affordable Care Act, and SNAP total a bit more than 1.1 trillion over ten years.. And that is equal to the tax cuts for people with incomes above $500,000. The Bill Undermines Health Care and Food Security Nationwide While Cutting Taxes Mostly for the Rich Medicaid is and SNAP are on the chopping block. Nationwide, at least 13.7 million people could see their health coverage taken away under the House Republicans’ budget plan attack on both Medicaid and the ACA. In addition, many of the 42 million people who participate in SNAP could lose help affording groceries. The budget bills passed… Continue reading




