Trump's Budget Cuts: A Disproportionate Impact on American Households

The United States House of Representatives recently approved a controversial budget proposal spearheaded by President Donald Trump. This proposal, dubbed "One Big Beautiful Bill," has sparked widespread debate due to its significant cuts to various social programs and its potential to widen the national debt. The cuts disproportionately affect low-income families and individuals. "What Trump called a 'One Big Beautiful Bill' harms a segment of the US population, especially the poorest, who will pay a greater amount of taxes," explains a news presenter. Conversely, the bill includes substantial increases in defense spending, with over $140 billion allocated to bolster national security, including the development of missile defense systems. The analysis reveals that the wealthiest 20% of Americans will receive a 67% tax break, while the poorest 1% will only see a 1% reduction. This disparity has raised concerns about economic inequality and the long-term consequences for the nation's fiscal health. The projected increase in the national debt is alarming, potentially reaching 5% of the GDP by 2050, solely for interest payments. This situation underscores the need for a thorough and transparent review of the budget's impact on all segments of society.