I bet you thought you'd escaped budget stories, didn't ya? Sadly the joke's on us all because the GOP's homicidal class war reconciliation budget can now be fairly described as *historically* awful. As more people analyze the CBO report on the "Big Beautiful Bill" Mike Johnson is ramming through the house for Swine Emperor Trump, it's becoming clear that this is literally an unprecedented high speed robbery of the American labor class, to fatten the pockets of the already obscenely wealthy.
https://www.commondreams.org/news/republican-wealth-transfer
CBO Report Shows Trump-GOP Bill Would Spur Unparalleled Wealth Transfer From Poor to Rich
"The nonpartisan Congressional Budget Office said Tuesday that the Republican legislation speeding through the U.S. House of Representatives would cut household resources for the bottom 10% of Americans while delivering gains to the wealthiest in the form of tax breaks.
"If enacted, this would be the largest transfer of wealth from the poor to the rich in a single law in U.S. history," Bobby Kogan, senior director of federal budget policy at the Center for American Progress, said in response to the CBO analysis, which was released shortly before the start of a dead-of-night House Rules Committee hearing on the Republican reconciliation package."
I mean, if I'm being honest I feel like we could just wrap this discussion up right there; it doesn't really get more direct than "the largest transfer of wealth from the poor to the rich in a single law in U.S. history." Let's go get some pizza?
Okay fine; there is a little bit of obtuse CBO report language to wade through in this article. Fortunately however the final breakdown isn't all that complex. In addition to stripping over a trillion and a half dollars in long term funding from life-saving social assistance programs like Medicaid, SNAP, and Medicare, this bill also shifts the tax burden onto the least wealthy Americans, to benefit more wealthy Americans in higher tax brackets. Particularly the very wealthy ruling class. Folks already being ground up by capitalism suffer more hardships and worse health outcomes, so rich people can buy more shit that helps them extract even more value out of the American labor class.
In the final analysis the CBO report proves beyond a shadow of a doubt that House Republicans are actively planning to rob and murder poor people, to pay off the rich; which some of you may remember I've been telling you all along. We just have it writing now.
#Budget #Capitalism #Austerity #ReconciliationBill #MikeJohnson #GOP #RepublicanParty #Trump #ClassWar #Murder #Theft #Economics #USPol #CBO #BobbyKogan