“If enacted, this would be the largest transfer of wealth from the poor to the rich in a single law in U.S. history.” The nonpartisan Congressional Budget Office said Tuesday that the Republican legislation speeding through the U.S. House of Representatives would cut household resources for the bottom 10% of Americans while delivering gains to […]
“If a retailer as big as Walmart can’t escape the pain of tariffs, what chance does a small business have?” wrote the Senate Minority Leader Chuck Schumer. Democratic lawmakers and other voices are highlighting a Thursday announcement from Walmart that the world’s largest retailer will have to raise prices on some items in response to […]
A working paper from the National Bureau of Economic Research found that Medicaid expansion saved over 27,000 lives since 2010. Critics who say extensive cuts to Medicaid being pushed by the Trump administration and House Republicans will result in the deaths of people were bolstered Friday by new reporting on a recent study detailing how […]
Democratic senators said diplomatic discussions with numerous foreign governments about Elon Musk’s satellite service appear to be “a textbook case of corruption.” Amid the news that billionaire tech mogul Elon Musk secured a new deal with Saudia Arabia for his satellite internet service just as U.S. President Donald Trump was visiting the Middle Eastern country, Democratic senators are intensifying their […]