News from the South - Alabama News Feed
CBO analysis shows U.S. House GOP budget measure tilted toward upper-income taxpayers
by Ashley Murray, Alabama Reflector
May 21, 2025
WASHINGTON — As House Republicans continue to wrangle over the “one big beautiful bill,” a new analysis released late Tuesday projects the massive reconciliation package would decrease resources for low-income families over the next decade while increasing resources for top earners.
The nonpartisan Congressional Budget Office estimates that the lowest-earning households in the United States would see incomes decrease 2% in 2027, moving to a 4% loss in 2033, as a result of spending cuts to nutrition assistance and Medicaid, the health insurance program for low-income individuals and those with disabilities.
The CBO projects resources would meanwhile increase by 4% for the highest-earning Americans in 2027, moving down to a 2% increase by 2033, according to the latest analysis.
The CBO score could change as hardline conservatives press Republican leadership for increased spending cuts to federal safety net programs as a way to pay for, at least in part, the extension and expansion of 2017 tax cuts that come with a price tag of $3.8 trillion.
Rep. Brendan Boyle, ranking member on the House Committee on the Budget, said in a statement late Tuesday that “Donald Trump and House Republicans are selling out the middle class to make the ultra-rich even richer.”
“This is what Republicans are fighting for—lining the pockets of their billionaire donors while children go hungry and families get kicked off their health care,” said the Pennsylvania Democrat.
The bill as written now would slash roughly $800 billion from Medicaid and Affordable Care Act provisions, and $300 billion from the Supplemental Nutrition Assistance Program, or SNAP, according to the left-leaning Center on Budget and Policy Priorities.
Lawmakers on the House Committee on Rules — the final stop for the 1,116-page package bill before it reaches a House floor vote — have been debating the measure since 1 a.m. Eastern Wednesday, while House Speaker Mike Johnson huddled separately with far-right deficit hawks.
Far-right members of the House Freedom Caucus remained skeptical the bill could reach the House floor by Johnson’s goal of Wednesday.
The Louisiana Republican leader also faces opposition from GOP lawmakers who represent high-tax blue states who want an even higher ceiling for the amount of state and local taxes, or SALT, their constituents can deduct from federal taxable income.
Lifting the ceiling, which lawmakers already proposed boosting from $10,000 to $30,000 for married couples filing jointly, will increase the cost of the bill.
Johnson needs nearly every GOP lawmaker to support the bill once it hits the floor as House Republicans have an extremely thin 220-213 majority.
Alabama Reflector is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. Alabama Reflector maintains editorial independence. Contact Editor Brian Lyman for questions: info@alabamareflector.com.
The post CBO analysis shows U.S. House GOP budget measure tilted toward upper-income taxpayers appeared first on alabamareflector.com
Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.
Political Bias Rating: Left-Leaning
The article presents a critical stance toward the Republican House proposal, framing it as a measure that would disproportionately benefit the wealthy while harming low-income families. The language used, including phrases like “selling out the middle class” and “lining the pockets of their billionaire donors,” suggests a clear opposition to the policies proposed by House Republicans. Additionally, the references to sources such as the Center on Budget and Policy Priorities and Rep. Brendan Boyle, a Democrat, further emphasize the viewpoint that aligns with left-leaning perspectives on economic inequality and social safety nets.
News from the South - Alabama News Feed
Heavy downpours expected through the week
SUMMARY: Heavy downpours and storms are expected to increase later this week, with heat index values near 100 degrees and air temperatures in the 90s. Scattered storms will develop this afternoon, becoming more widespread Wednesday afternoon with heavy rain, thunder, lightning, and gusty winds. Thursday and Friday bring higher storm coverage, mainly in afternoons and evenings, with rainfall totals ranging from 1 inch to 3.5 inches in some areas. Although severe storms remain unlikely, localized flooding is possible due to saturated, tropical air. Rain chances decrease over the weekend, with only scattered afternoon and evening storms expected.
Heavy downpours expected through the week
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News from the South - Alabama News Feed
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News from the South - Alabama News Feed
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