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'Nothing beautiful' about it: Outrage as 35 wealthy Republicans set to cash in on GOP bill
As U.S. President Donald Trump and congressional Republicans' so-called "Big Beautiful Bill" heads to the Senate, a watchdog group on Tuesday released a report highlighting that dozens of GOP members of Congress worth a total of $2.5 billion are set to benefit from the package, which would cut food and healthcare benefits for millions of working-class Americans.
The group, Accountable.US, found that the top 10 richest Republican senators and top 25 richest GOP members of the House of Representatives have a collective net worth of over $1.1 billion and over $1.4 billion, respectively, "allowing them to take advantage of tax breaks granted by the Tax Cuts and Jobs Act of 2017 that they are currently seeking to extend."
"While pushing for more tax cuts to line their own pockets," the report notes, "many of the richest Republican members are pushing for draconian cuts to the very social programs that millions of their constituents rely on," including federal student aid, Medicaid, and the Supplemental Nutrition Assistance Program (SNAP).
According to Accountable.US, "6.3 million constituents represented by the top 10 richest senators and 2.1 million constituents represented by the top 25 richest representatives use SNAP and are at risk of losing their food security."
The group, Accountable.US, found that the top 10 richest Republican senators and top 25 richest GOP members of the House of Representatives have a collective net worth of over $1.1 billion and over $1.4 billion, respectively, "allowing them to take advantage of tax breaks granted by the Tax Cuts and Jobs Act of 2017 that they are currently seeking to extend."
"While pushing for more tax cuts to line their own pockets," the report notes, "many of the richest Republican members are pushing for draconian cuts to the very social programs that millions of their constituents rely on," including federal student aid, Medicaid, and the Supplemental Nutrition Assistance Program (SNAP).
According to Accountable.US, "6.3 million constituents represented by the top 10 richest senators and 2.1 million constituents represented by the top 25 richest representatives use SNAP and are at risk of losing their food security."
https://www.alternet.org/gop-bill-wealthly/