'Big beautiful bill' mostly benefits the rich, while low earners would suffer from Medicaid and SNAP cuts, Yale report says

cnbc.com/2025/06/30/trump-bill-helps-wealthy-hurts-low-earners-yale-report.html

A massive legislative package Senate Republicans are trying to pass this week would hurt the lowest-earning Americans financially while boosting the incomes of wealthier households, according to a Yale Budget Lab analysis issued Monday.
The "One Big Beautiful Bill Act" would reduce…

This story appeared on cnbc.com, 2025-06-30 21:14:30.
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