Dwain Northey (Gen X)

This budget isn’t about fiscal responsibility—it’s a bold, unapologetic power grab for the ultra-rich. By extending Trump‑era tax cuts and slashing programs like Medicaid and SNAP, it channels trillions upward. According to the CBO and Yale Budget Lab, families in the bottom 10 percent would lose about $1,600 a year—roughly 3.9 percent of income—while the top 10 percent would see gains of around $12,000 annually (about a 2.3 percent increase)  . For the very richest, it’s even more dramatic: the top 1 percent could pocket a windfall north of $32,000 ().

This isn’t just redistribution—it’s raiding. Cuts to Medicaid could leave up to roughly 12 million Americans uninsured by 2034  , while reductions in SNAP threaten food security for millions more  . Human Rights Watch warns this wave of austerity could deepen inequality and damage public health, particularly among low‑income and minority communities  .

Middle‑class families get crumbs: a modest tax relief of $500–1,000 annually, far from enough to offset inflation or rising costs  . In contrast, the bill’s wealthy backers reap windfalls from business deductions, SALT cap expansion, capital gains breaks, and estate‑tax giveaways—all of which overwhelmingly benefit the upper echelons  .

Moreover, the long‑term fiscal picture is dire. The CBO projects this bill will add between $2.8–3.3 trillion to the debt by 2034, pushing the debt‑to‑GDP ratio toward dangerous levels and crowding out future investments in health, education, and infrastructure  .

In effect, this legislation enshrines a reverse Robin Hood: systematic wealth transfer from the poor and working class up to the ultra‑rich. It risks eroding the foundations of the American dream and consigning the middle class—already squeezed—to stagnation or decline. Unless reversed soon, its consequences will ripple across generations.