Megabill would cost poorest households $1,600 a year, boost richest by $12K, CBO predicts

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Megabill would cost poorest households $1,600 a year, boost richest by $12K, CBO predicts

politico.com/live-updates/2025/06/12/congress/gop-megabill-cbo-distributional-effects-00402674

The lowest-income households in the United States would lose $1,600 a year in federal resources under the domestic-policy package House Republicans passed last month, Congress’ nonpartisan scorekeeper predicts.
At the same time, resources would be increased by $12,000 for the…

This story appeared on politico.com, 2025-06-12 15:44:30.