๐ Trump’s Spending Bill: Tax Cuts For The Rich, Health Care And Food Snatched From Americans Who Need It
- House passes Trump’s deficit-swelling tax bill, with significant Medicaid changes impacting vulnerable Americans (USA Today).
- Trump and GOP’s tax bill would force cuts to Medicare, CBO analysis reveals potential healthcare crisis for seniors (Washington Post).
- Jobs and tax credits could disappear if “big, beautiful” House GOP bill passes, threatening employment and economic stability (CNN).
- Food stamps face “biggest cut in program’s history” under GOP tax bill, risking food security for millions (CNBC).
๐งจ Struggling Trump Economy: Markets Freak Out
- Dow sinks 800 points as bond market reacts to Trump’s tax bill, signaling investor concerns about fiscal policy (CNN).
- Republican spending bill sends yields soaring, creating major market headache as economic uncertainty grows (CNBC).
- U.S. economy experiencing “death by a thousand cuts”, Deutsche Bank warns as confidence in national debt management erodes (Fortune).
๐ฐ Struggling Trump Economy: Rising Prices For Consumers
- Majority of US companies say they must raise prices due to Trump tariffs, study finds consumer costs increasing nationwide (The Guardian).
- Nike will raise prices on wide range of products as soon as this week, citing tariff pressures (CNBC).
๐ Corruption And Authoritarianism: Trump Is For The Ultra-Rich, Not For You
- Trump’s crypto dinner cost over $1 million per seat on average, highlighting extreme wealth disparity (NBC).
- Trump’s new crypto venture partner KuCoin banned in U.S., fined $300 million for money laundering, raising serious ethical concerns (Forbes).
- Trump’s Mar-a-Lago and Bedminster Clubs taking in more money than ever, profiting from presidency while in office (Wall Street Journal).