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The Guardian // Business // Economics

‘It’s harsh. It’s mean, brutal’: Trump bill to cause most harm to America’s poorest

Thursday 3rd July 2025, 11:00AM

President embraces Robin-Hood-in-reverse policies to benefit wealthiest and hurt those earning under $50,000Last November, Donald Trump made a solemn vow to all Americans: “Every citizen, I will fight for you, your family and your future every single day.” Eight months later, Trump is vigorously backing many policies that will mean pain for millions.Trump has pushed to enact the Republican budget bill, which would make significant cuts to Medicaid, Obamacare, and food assistance, and would do the greatest damage to those Americans struggling hardest to make ends meet – the 30% of the US population that lives in households earning under $50,000 a year. Continue reading...

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