The Briefing with Jen Psaki Backlash: Republicans head home to face constituent wrath over rich-get-richer budget bill
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May 23, 2025 Jack Lew, former White House Chief of Staff and Treasury Secretary, and Dan Goldman, Democratic Congressman and ex-assistant U.S. attorney, delve into the Republican budget bill's pitfalls. They explore the backlash from constituents who are outraged over cuts to healthcare that benefit the wealthy. The discussion also critiques ethical issues surrounding political funding and highlights the discontent in swing districts. Insights into the political consequences of current financial misadventures, along with corruption allegations, paint a vivid picture of today's political landscape.
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Trump's Pay-to-Play Scheme
- Trump's family enriched themselves by auctioning presidential access via meme coin sales.
- Wealthy investors gained exclusive access while smaller investors mostly lost money.
Rich Get Richer in Budget Bill
- The Republican budget bill makes the rich richer and the poor poorer.
- It cuts health care and food aid to fund tax breaks benefiting millionaires.
Senate Republicans Split on Medicaid Cuts
- Senate Republicans face internal opposition due to Medicaid cuts in the bill.
- Several vulnerable senators may vote no, risking the bill's passage.