Republican Senators just voted to screw over their own base and a majority of Americans by narrowly passing the Big Billionaire Bill that represents one of the greatest wealth transfers in US history and adds more than $3 trillion to the debt.
What we do know is that Republicans are extending their tax cuts to the rich by taking out nearly a trillion dollars from Medicaid. Nursing homes and rural hospitals will shut down, but those are no longer priorities because money has to be shifted towards ICE and more private prisons. As a result, Americans will suffer and die.
I’m just a simple English major. I don’t have the economic competency to fully appreciate the profoundly disastrous impact the bill will have on both a macro and micro level. That’s why I invited Justin Wolfers, Professor of Public Policy and Economics at the University of Michigan, to break down and explain the details of how this GOP Billionaire Bill has the potential to cause immense short-term and long-term harm to Americans and damage the American economy. Prof. Wolfers has an excellent ability to communicate these complex issues in a way the rest of us can understand. Tragically, it’s all bad news, but news that we need to know and understand if we are to fight and resist the broligarchy that is coming for all of our desserts and cookies.
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