House Republicans recently passed the "Big Beautiful Bill," led by Donald Trump, which introduces massive cuts to Medicaid and SNAP, totaling around $300 billion. These cuts will significantly affect low-income Americans, with estimates suggesting around 11 million people, including 4 million children, may lose SNAP benefits. While the bill aims to create federal savings, economists argue that cuts to these essential programs will lead to negative economic consequences, including job losses and increased poverty. Effective SNAP funding is linked to immediate GDP growth and broader economic benefits, making these cuts particularly harmful during tough economic times.
Well into the wee hours of Thursday morning, House Republicans were hard at work doing what they do best: making the lives of all but the wealthiest Americans harder.
These $300 billion in proposed cuts will have devastating consequences for low-income Americans, many of whom are already struggling because everything, from rent to groceries, has gotten exponentially more expensive in recent years.
...SNAP dollars are immediately infused back into the system, resulting in $1.50 in GDP growth for every $1 spent.
Conversely, every time there are cuts to SNAP, the economy suffers: Farmers and grocers lose money, supermarket workers get laid off.
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