The Senate’s version will blow up the deficit just as much as the House’s—and its Medicaid cuts are deeper. The Senate’s cuts to Medicaid and the Children’s Health Insurance Program, are bigger than the House bill—probably in excess of $900 billion
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Critics of the Biden administration’s Build Back Better plan to increase funding for U.S. education, healthcare, and action against climate catastrophe say the U.S. can’t afford it, there are no such qualms about ramping up funding for the military.
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Rich countries contribute an average of $14,000 per year for a toddler’s care, compared with $500 in the U.S. The Democrats’ spending bill tries to shrink the gap.
This reconciliation bill is being opposed by every Republican in Congress as well as the drug companies, the insurance companies, the fossil fuel industry and the billionaire class. They want to maintain the status quo in which the rich get richer.
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