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BumRushDaShow

(158,625 posts)
Tue Aug 12, 2025, 03:44 AM Aug 12

Budget office says GOP's 'big, beautiful bill' will make rich richer, poor poorer

Source: The Hill

08/11/25 4:34 PM ET


The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest earners the most, according to an analysis released Monday by Congress’s budget arm.

The assessment, conducted by the Congressional Budget Office (CBO) at the request of top Democrats, found that the top 10 percent of earners in the country will see an average boost of $13,600 per year over the next decade as a direct result of provisions in the law, while the bottom 10 percent will see an average annual decrease of $1,200.

The report challenges the arguments made by President Trump and other Republicans that the massive domestic policy package would benefit workers at all levels of wealth and income. And it’s given fuel to the attacks from Democrats that the legislation was, all along, designed to help the wealthiest people at the expense of the working poor.

“They just confirmed Trump is enriching his billionaire friends at the expense of American families,” Rep. Brendan Boyle (Pa.), the senior Democrat on the House Budget Committee, posted Monday on social platform X after the CBO report was released. “It is the largest transfer of wealth from working Americans to the ultra-rich in history.”

Read more: https://thehill.com/homenews/house/5447001-trump-tax-cuts-cbo-inequality/



Link to Congressional Budget Office (CBO) REPORT (PDF) - https://www.cbo.gov/system/files/2025-08/61367-Distributional-Effects.pdf
28 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Budget office says GOP's 'big, beautiful bill' will make rich richer, poor poorer (Original Post) BumRushDaShow Aug 12 OP
It's obvious that TSF and Congress (R's only) are trying to get away no_hypocrisy Aug 12 #1
in other news, the head of the budget office soon to be fired. nt Javaman Aug 12 #2
That position is under the Legislative Branch (Congress), not the Executive Branch BumRushDaShow Aug 12 #3
Doesn't mean he won't try. And also make the persons life miserable Javaman Aug 12 #24
He dubs himself "the king of debt" BumRushDaShow Aug 13 #25
Thank you captain obvious Ray Bruns Aug 12 #4
The Democrats in Congress asked them to research and publish that report. BumRushDaShow Aug 12 #5
That top 10% wont spend that mony as quick and mostly shuffle it IbogaProject Aug 12 #6
I Thought That Was The Whole Idea DallasNE Aug 12 #7
critical to be aware of also, this is a nonpartisan office cadoman Aug 12 #8
As expected. Nothing new here. republianmushroom Aug 12 #9
So it's going as planned FoxNewsSucks Aug 12 #10
$13K is pocket change for these people Bayard Aug 12 #11
Fuck the rich! They don't need any more money! Initech Aug 12 #12
Dems run on that! usregimechange Aug 12 #13
They HAVE run on that BumRushDaShow Aug 12 #14
DNC needs to bite this bone and hang on through storm and drag BoRaGard Aug 12 #15
The person that produced this report, will lose their job after Mierda47 reads it. n/t aggiesal Aug 12 #16
No shit. We've known that for decades. sakabatou Aug 12 #17
But isn't that always the bedrock-foundational objective of the GOP? calimary Aug 12 #18
Fucking shocking Pacifist Patriot Aug 12 #19
Yeah, thanks Sherlock underpants Aug 13 #27
Poverty 101 mntleo2 Aug 12 #20
Excellent post. Thank you and thank you for what you do. underpants Aug 13 #28
Of course, it is. Trump as a thief and a liar and MAGAT are idiots. rickyhall Aug 12 #21
Don't worry Trump will fire them Quanto Magnus Aug 12 #22
Isn't that its whole purpose? LeftishBrit Aug 12 #23
And too many poor people in red states will vote for the fucking GOP due to culture wars. OrlandoDem2 Aug 13 #26

no_hypocrisy

(52,733 posts)
1. It's obvious that TSF and Congress (R's only) are trying to get away
Tue Aug 12, 2025, 06:04 AM
Aug 12

with as much as they can before Midterms 2026. They may be able to continue with enough voter suppression and re-districting, but then again maybe they'll lose both Houses.

And Reconciliation works both ways: Democrats can reverse policies.

BumRushDaShow

(158,625 posts)
3. That position is under the Legislative Branch (Congress), not the Executive Branch
Tue Aug 12, 2025, 07:51 AM
Aug 12

I don't know if there are enough GOPers willing to do that (at least without some major blowback from the fiscal hawks, but not for the reasons of making "the rich richer and the poor poorer" ).

https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3458070

In the case of the CBO, the Speaker of the House and Senate Pro Tempore appoint someone as "Director".


(created by the "Budget and Impoundment Control Act of 1974" )

From here - https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3471693

https://www.cbo.gov/about/history

History

Beginning in the early 1920s, the President began to assume more prominence in setting the federal budget. The Budget and Accounting Act of 1921 gave the President overall responsibility for budget planning by requiring him to submit an annual, comprehensive budget proposal to the Congress; that act also expanded the President’s control over budgetary information by establishing the Bureau of the Budget (renamed the Office of Management and Budget in 1971). By contrast, the Congress lacked institutional capacity to establish and enforce budgetary priorities, coordinate actions on spending and revenue legislation, or develop budgetary and economic information independently of the executive branch.

Conflict between the legislative and executive branches reached a high point during the summer of 1974, when Members of Congress objected to President Richard Nixon’s threats to withhold Congressional appropriations for programs that were inconsistent with his policies (a process known as impoundment). The dispute led to the enactment of the Congressional Budget and Impoundment Control Act of 1974 in July of that year.

That act reasserted the Congress’s constitutional control over the budget by establishing new procedures for controlling impoundments and by instituting a formal process through which the Congress could develop, coordinate, and enforce its own budgetary priorities independently of the President.
In addition, the law created new legislative institutions to implement the new Congressional budget process: the House and Senate Budget Committees to oversee execution of the budget process and the Congressional Budget Office to provide the Budget Committees and the Congress with objective, impartial information about budgetary and economic issues. The agency began operating on February 24, 1975, when Alice Rivlin was appointed its first Director.

(snip)


H.R.7130 - Congressional Budget and Impoundment Control Act of 1974

Javaman

(64,397 posts)
24. Doesn't mean he won't try. And also make the persons life miserable
Tue Aug 12, 2025, 09:19 PM
Aug 12

We’ve seen him do this before

IbogaProject

(4,828 posts)
6. That top 10% wont spend that mony as quick and mostly shuffle it
Tue Aug 12, 2025, 10:54 AM
Aug 12

They will spend it amongst their own ilk slowly. This will slow down the economy and when the ai bubble pops there will be an economic downturn.

DallasNE

(7,858 posts)
7. I Thought That Was The Whole Idea
Tue Aug 12, 2025, 11:06 AM
Aug 12

It will hit MAGA the hardest.

And because a chainsaw was taken to the programs the repairs will take generations. Plus, the Hoovernomics tariffs are not part of that bill.

 

cadoman

(1,617 posts)
8. critical to be aware of also, this is a nonpartisan office
Tue Aug 12, 2025, 11:31 AM
Aug 12

Think of it as the Nonpartisan Congressional Budget Office.

Bayard

(26,588 posts)
11. $13K is pocket change for these people
Tue Aug 12, 2025, 12:08 PM
Aug 12

They wouldn't have gone to all this trouble to push the Big Ugly Bill through for that amount.

BumRushDaShow

(158,625 posts)
14. They HAVE run on that
Tue Aug 12, 2025, 03:27 PM
Aug 12

But "the people" only wanted to hear how the U.S. could get rid of those "criminal illegal aliens", remove the right of women to vote and make them "trad wives", get rid of abortions, erase every shred of history of non-whites who helped to build this country, and purge LGBTQ+ people.

BoRaGard

(7,043 posts)
15. DNC needs to bite this bone and hang on through storm and drag
Tue Aug 12, 2025, 03:28 PM
Aug 12

republicons lied to Americans. They are screwing the middle class and the poor to make rich republicons richer. As they always do.

Don't let voters forget it.

calimary

(87,497 posts)
18. But isn't that always the bedrock-foundational objective of the GOP?
Tue Aug 12, 2025, 05:51 PM
Aug 12

Of every Republican. Of ANY Republican, for that matter.

mntleo2

(2,613 posts)
20. Poverty 101
Tue Aug 12, 2025, 07:12 PM
Aug 12

I am a Poverty Scholar out of the Theology Union. I have studied and been participating around issues of poverty for decades. I am a member of The Poor Peoples Campaign. I have news for this horrible tax. I have some news for you and believe me I have been hit blow by blow as an activist grieving for decades that even our own allies have turned against those in poverty. . Here are a few things i have observed:

* Poor people already pay more than any other class and have paid larger blows to their incomes forever. My go-to for taxes and who pays, where you can check it out is at: https://itep.org/whopays-7th-edition/ . There you can find your state and see this tax analysis. They have been around for over thirty years. Including what taxes you pay in your state too. Also, they calculate corporate taxes who who paid those ~ and who do not pay them in this website. It is well worth anyone's time to explore as they are full of so much information.

*With American poverty, the tax and the hatred burden on the poor has been gutted since Reagan's fake Welfare Queen garbage. I hate to tell you, many "progressive" people bought his crap and began to hate the poor right here on this forum. I am holding my breath and hope so much more understanding about the conditions of poverty are now better understood. .

* I have a "secret" about Welfare Reform that has ruined many families ~ and hate to say it, even though I may get reported, Hillary Clinton, a former Walmart board member who celebrated this trash ~ and helped promote it. She went around the country with that other turncoat Joe Lieberman crowing about how wonderful Welfare DEfroemd, has been. In NYC alone, where Hillary lives, There they implemented a program undermining union workers and hire "Welfare to Work" hire for $.50 cents an hour. did not hear a thing about that from her, only applause. sorry I am still angry about her, the so-called "women's issue" girl.

* Welfare DEformed has been terrible for these low income folks. First of all these (mostly women and some men),were told their care for their families was "doing nothing" They were forced into McJobs that did not pay enough to even pay the rent, much less their medical, childcare, food, or costs of living,. Subsequently they ended up homeless, children taken by the DSHS where they are placed in foster care that pays 3 X the cost than if the parent were caring for their kids themselves. Goddess forbid that low income people can actually do things good for their community by raising the next generations who will take care of us!
* Poverty is considered now to be "child abuse" and this gives authority for the State to take kids.
* $billions as been given for foster care, adoption, for taking kids and placing them in foster homes with designer curtains and a new SUV in the driveway, who cares what goes on behind them?
* From my own eye witness out of my own experiences, and while working on the street with homeless kids, the largest part of this unhoused population were adoptees and foster kids.
* Kids who are adopted have no sense of belonging, they have been ripped out by the roots from their families and do not know who they are. Their grandparents have no rights either, but foster care do get those rights. Oh and written in the policies for these case managers and departments get a $10,000 bonus for each kid taken.
* Maybe these foster and adopted kids have a fantastic home where they are loved and well cared for, but they still just so not feel they belong. This is not due to bad care or lack of love, they can have very loving care …but they just do not feel they have the roots they need for their self identity. .
*Family reunion would save more lives in the long run. The Rebecca Project helps parents to find support like whole family substance abuse treatment, including spouses and kids. I know there are kids who do not feel this way as well. I am not saying ALL of them feel these things, but I am saying that there is a good chance they will.
*I cannot tell you the heartbreak I have felt with parents working hard to get their kids back, but nope, the money is too good for the myriads of people, lawyers, case managers, CASAs, who are working hard to take away their rights so they get their pay. Like abortion should be legal but rare, I have seen more than one suicide because the options should be available but rare They are paid for and taken by a government of recipients determined to get the money they want.

There is more information that I have ~ tons. But trust me, defining what work is and what it is all about the lack of respect or support for those toiling at this work. It should not just be about making rich people richer. It needs to make unpaid labor more than "zero years" or "doing nothing." . Instead like so many poor who whose loved ones enter the military, we assume that the poor do not pay taxes when they make the greatest sacrifice than any other class.

Cat in Seattle
https://m.mamapower.org/
Motherwork (unpaid care giving) IS work!
Cat in Seattle

Quanto Magnus

(1,233 posts)
22. Don't worry Trump will fire them
Tue Aug 12, 2025, 08:50 PM
Aug 12

then give you the 'real' big beautiful numbers!!!!!!! Cause only he knows the numbers, because no one knows number like he does! Especially the good numbers.... the numbers that uh... you like and like me and you like me because Russia Russia Russia.... those Democrats and bad number and windmills all hate Trump....


OrlandoDem2

(3,075 posts)
26. And too many poor people in red states will vote for the fucking GOP due to culture wars.
Wed Aug 13, 2025, 05:34 AM
Aug 13

That’s the infuriating thing!

We’ve gotta reach those people loving forward!!

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