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Rhiannon12866

(261,744 posts)
Mon Jul 6, 2026, 02:40 AM 7 hrs ago

GOP Goes FULL PANIC With Trump Bill Change As Brutal Financial Truth Crashes Down - The Damage Report



Republicans get called out as they scramble in a panic to rebrand Donald Trump's disaster bill as reports prove the devastating financial toll that will leave the working class losing over $1000 and stranded for healthcare and other benefits to help the rich get richer. John Iadarola and Brett Erlich break it down on The Damage Report. - 07/05/2026.


Read more here:

Trump’s new deal - https://www.nbcnews.com/specials/trump-big-beautiful-bill-act-tax-medicaid-snap-one-year/

"One year after President Donald Trump signed the law he dubbed the “One Big Beautiful Bill” on the South Lawn of the White House, it has begun reshaping the country — altering who gets help from the government and who goes without.

The most consequential legislation of Trump’s second term reaches into nearly every corner of American life. It supercharges immigration enforcement, pouring billions into border security and deportations. It rewrites student loan rules. It dismantles tax incentives for electric vehicles and clean energy. It creates a national school-voucher tax credit.

And at its core is a seismic shift: extending roughly $4.5 trillion in tax cuts disproportionately benefiting corporations and the wealthy over 10 years while cutting about $1.1 trillion from healthcare and food assistance programs serving poor and working-class people."

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