“…even as it wipes out intergenerational wealth, the way we finance long-term care is likely to get even harder on American families. That’s because of…Trump’s One Big Beautiful Bill Act.
“It gave $1 trillion in tax cuts to the richest 1%…, while it cut a similar amount from Medicaid & the Supplemental Nutrition Assistance program [SNAP].…”
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#aging #medicaid #Trump #eldercare #costofliving #GenerationalWealth #wealthinequality #uspol #ohio
The Roosevelt Inst report:
“‘Long-term care is not just an individual health issue, but a structural driver of wealth inequality….By maintaining a system that depends on unpaid family caregiving, provides public support only after families have nearly exhausted their savings, & allows private, profit-driven companies to capture rising care costs, the US effectively penalizes aging.’”
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#aging #medicaid #Trump #eldercare #costofliving #GenerationalWealth #uspol
#ohio
Annother