Ugly consequences of so-called big, beautiful bill

Bottom line, the Big, Beautiful bill before the Senate cuts taxes for high earners and reduces benefits for the poor and middle class.

The bill passed by the House would raise after-tax incomes for the highest-earning 10 percent of American households which includes Rep. Mike Collins on average by 2.3 percent a year over the next decade, while lowering incomes for the poorest by 3.9 percent impacting many in our county. The aforementioned, are new estimates by the Congressional Budget Office.

The no tax on tips and no tax on overtime will help lower-income households but are scheduled to expire in a few years while benefits for high earners will be made permanent.

Tax cut packages have seldom left the poor significantly worse off. And bills that cut the safety net usually haven’t included benefits for the rich.

One tax provision, an expansion of the tax deduction for certain types of business income, is estimated to cost about as much as the bill’s major reductions in Medicaid spending would save. This provision mostly benefits the rich which is why Republicans like Collins included it.

Republican politicians say they are for the “little guy” but their actions like the “Big Beautiful bill” shows that their heart is with the billionaires like most of them.

To distract the “little guy”, these politicians make up stories about massive waste, fraud and the undeserving receiving Medicaid.

Randy Norris

Statham