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'Big, Beautiful Bill' Vote: House Dems 'Just Signed Their Own Political Death Warrant'
Today 10:46 am
more like TRUMP left something out....
----------------------------------------------The Congressional Budget Office (CBO) has estimated that the bill would increase the federal deficit by $2.3 trillion over 10 years [1]. This is due in part to the tax cuts, which would primarily benefit the top 10% of earners, while the bottom 10% would see a decrease in their income [2]. The bill would also make significant cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP), resulting in millions of people losing healthcare and food assistance [3].Potential Consequences Impact on the National DebtThe bill's impact on the national debt is also a concern. The CBO has estimated that the bill would add $2.3 trillion to the national debt over the next decade [1]. This could lead to further economic suffering, as the increased debt burden could lead to higher interest rates and reduced economic growth.ConclusionThe bill has the potential to significantly harm the US economy and increase the national debt, potentially leading to bankruptcy.Authoritative Sources