The report predicts that Republicans’ 2025 budget package will reduce “aggregate demand” in the coming years. The so-called One Big Beautiful Bill Act cuts $100 billion annually from Medicaid and the Supplemental Nutrition Assistance Program (SNAP), while allowing health insurance subsidies that saved families thousands to expire, which the report projects will cause many families who rely on these benefits to pull back spending in the economy.
Collapse is well and truly here for the US
I have to wonder at the type of person that would be surprised to learn that a guy that had numerous bankruptcies and is known mostly for being a famous failson is somehow not going to help average Americans?