Stop the $5.5 trillion Tax Scam!
Published on June 03, 2025
REPUBLICANS' BUDGET BILL SUPPORTS BILLIONAIRES, HURTS ORDINARY AMERICANS
Tell your friends and call your Congressional Representatives. This post can be printed as a handout and a handy source for key facts.
FACTS FROM THE
CONGRESSIONAL BUDGET OFFICE
The proposed Big Beautiful Bill would drastically cut social spending in order to
support tax cuts for very wealthy individuals and corporations AND will increase
the budget deficit by $230 billion for each year.
It's a ten-year budget allowing Republicans to defer painful cuts beyond key
elections. This information is from the Congressional Budget Office (CBO), a non-
partisan source, unlike the Republicans in Congress who insist no one will be hurt,
no increase in deficits. Links to the internet are provided so information can be
checked.
CUTS TO CRITICAL SERVICES
At least $715 billion in health care spending, mostly from Medicaid. 13.7
million people would lose coverage/become uninsured. (CBO [1])
Cuts nearly $300 billion from the Supplemental Nutrition Assistance
Program [SNAP/ "Food Stamps"] (CBO [2])
MEDICARE - ADDITIONAL CUTS MANDATED BY LAW DUE TO DEFICIT
INCREASES FROM BILLIONAIRE TAX CUTS
$45 billion Medicare cuts for FY 2026
An additional $45 billion for each additional year of the budget (CBO [3])
1. https://www.cbpp.org/research/health/house-republican-bill-would-cut-medicaid-funding-to-states-
providing-own-health
2. https://www.cbpp.org/research/food-assistance/house-reconciliation-bill-proposes-deepest-snap-cut-in-
history-would-take
3. https://www.cbo.gov/system/files/2025-05/61423-PAYGO.pdf