Bay Area Democratic leaders condemned the recent tax and policy bill, labeling it a benefit to the wealthy at the expense of ordinary Americans. They asserted it would add trillions to the national debt and significantly cut Medicaid and Affordable Care Act funding. Over 2 million Californians would lose health care access, with risks of hospital closures. In contrast, supporters claim the bill would foster economic growth, lower taxes, and improve national security, while projections indicate a $5 trillion reduction in federal tax revenue by 2034.
East Bay Democratic Rep. Mark DeSaulnier criticized the bill, stating it would strip health care from 17 million Americans to provide tax breaks for the ultrawealthy.
Rep. Zoe Lofgren indicated over 2 million Californians would lose health care access, leading to potential hospital closures if House Republicans support the bill.
The Tax Foundation projected the bill would reduce federal tax revenue by $5 trillion by 2034, impacting economic stability.
President Trump's administration asserted that the bill would lead to lower taxes and bigger paychecks, promoting economic growth and national security.
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