Republican bill will redistribute wealth upwards: CBO

May 21, 2025 - 12:01
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Republican bill will redistribute wealth upwards: CBO
Republicans’ tax-and-spending cut bill will take from the poor and give to the rich, Congress’s official scoring body has found. The Congressional Budget Office (CBO) found in a Tuesday analysis that the Americans who make the least amount of money will lose household resources as a result of President Trump’s “big, beautiful bill” while Americans…

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