politics @lemmy.world · 22 hours ago

CBO Report Shows Trump-GOP Bill Would Spur Unparalleled Wealth Transfer From Poor to Rich

www.commondreams.org

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CBO Report Shows Trump-GOP Bill Would Spur Unparalleled Wealth Transfer From Poor to Rich

www.commondreams.org

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politics @lemmy.world · 22 hours ago

cross-posted to:
[email protected]

CBO Report Shows Trump-GOP Bill Would Spur Unparalleled Wealth Transfer From Poor to Rich | Common Dreams

www.commondreams.org

"If enacted, this would be the largest transfer of wealth from the poor to the rich in a single law in U.S. history."

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It’s also likely to lead to a debt crisis that will make the 2008 financial crisis look quaint. Moodys downgraded the US credit rating for a reason.

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