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The results are in for the first full year of the "Big Beautiful Bill Act," and the consequences for working families are devastating.
While the richest 1% of Americans are set to receive $117 billion in tax cuts this year alone, federal healthcare funding has seen the largest cuts in U.S. history. Over $1 trillion has been slashed from Medicaid and the Affordable Care Act, leading to millions losing coverage and premiums skyrocketing by 114%.
Thom Hartmann breaks down the data from the Institute on Taxation and Economic Policy, revealing how this legislation makes it harder for children and low-income families to qualify for life-saving programs like CHIP.
From the resurgence of waterborne pathogens to the dismantling of regulatory protections built over a century, this video explores the high cost of billionaire tax breaks and what it means for the future of the American middle class.
Video Chapters
00:00 The $117 Billion Tax Cut for the Top 1%
01:08 Record Cuts to Medicaid and Affordable Care Act
02:24 Why 8 Million Americans Lost Health Insurance
03:00 100 Years of Progress: From Sinclair Lewis to the FDA
04:00 How Billionaires Own the Republican Party
05:12 The War on Government Efficiency: Musk and RFK Jr.
06:00 FoodNet and the Rise of Dangerous Pathogens
07:27 Firing Scientists and the Return of Flesh-Eating Bacteria
08:31 Why Malaria and Vibrio are Back in the US
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