In the early morning of May 22, the House of Representatives narrowly passed the Trump Administration’s so-called ‘Big Beautiful Bill,’ moving the country one step closer to gutting core social programs in favor of tax cuts that benefit higher-income households.

The non-partisan Congressional Budget Office stated that it “estimates that in general, resources would decrease for households in the lowest decile (tenth) of the income distribution, whereas resources would increase for households in the highest decile.”

Over the period of 2026 to 2034, the ‘Big Beautiful Bill’ will continue to run deficits to the tune of 3.8 trillion dollars, most of which is attributed to the tax cuts, which will see decreased government revenue and an increase in outlays for refundable tax credits.

How is increasing the deficit good fiscal management?

Especially, when it comes at the cost of core social programs for the most vulnerable in America.

The bill will provide $698 billion less in federal subsidies from changes to the Medicaid program – the Administration is trying to shift the cost to the States.

Given the oft-touted slogan that Trump is going to ‘Make America Healthy Again,’ it seems counterintuitive that the Administration would reduce healthcare spending on a program that aims to increase the health outcomes of low-income Americans.

Furthermore, the Bill reduces federal spending on SNAP by $267 billion. Food insecurity continues growing in America – food prices are rising year-over-year.

The Administration is reducing funding for basic needs for the most vulnerable in America to pay for tax cuts for higher-income earners.

Low-income earners don’t see the benefit of tax cuts as much as higher-income earners.

Yet, low-income earners must deal with and pay for increased goods and services exactly the same as higher-income earners.

Inflation doesn’t discriminate based on income – things cost more than a year ago, and low-income households have fewer resources to pay for them.

The ‘Big Beautiful Bill’ will make life even more expensive for low-income households.

Ultimately, the Bill means less healthcare, less access to essential food, and fewer household resources for low-income Americans.

It all adds up to the rich getting richer and the poor getting poorer.

Inequality in America will grow.

So much for the promised ‘Golden Age of America’ for all.