

How The Megabill Will Change America
408 snips Jul 4, 2025
Andrew Duehren writes about tax policy for The New York Times, and Margot Sanger-Katz covers health care policy. They dive into the newly passed domestic policy bill, revealing its skewed benefits for the wealthy and the hidden costs for lower-income households. The discussion highlights new Medicaid work requirements and their potential to leave millions without coverage, especially vulnerable groups. Tune in to hear how this legislation shapes America's economic landscape and affects everyday lives.
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Wealthy Benefit, Poor Bear Costs
- The tax and social safety net changes disproportionately benefit the wealthy while hurting the poor.
- Lower income Americans stand to lose money after considering all aspects of the bill.
Tax Cuts Favor Wealthy Permanently
- The permanent tax cuts mainly benefit wealthy Americans.
- Temporary tax cuts aimed at working-class people offer less relief and exclude many workers.
Massive Health Coverage Losses
- The bill causes the largest health care coverage losses since Obamacare.
- About 16 to 17 million Americans are projected to lose health insurance soon.