House Republicans voted to advance a bill that would offer lavish tax cuts for the rich while slashing benefits for the poor.
House Republicans worked through the night to advance a massive piece of legislation that might, if enacted, carry out the largest upward transfer of wealth in American history.
That is not a side effect of the legislation but its central purpose. The “Big, Beautiful Bill” would pair huge cuts to food assistance and health insurance for low-income Americans with even larger tax cuts for affluent ones.
Hakeem Jeffries, the House minority leader, warned that the bill’s passage, by a 215-214 margin, would mark the moment the Republicans ensured the loss of their majority in the midterm elections. That may be so. But the Republicans have not pursued this bill for political reasons. They are employing a majority they suspect is temporary to enact deep changes to the social compact.
