Author Archives: Lashes and Tan

The upside-down priorities of the House budget: Adding significantly to debt while reducing incomes for the bottom 40%

As economists who have devoted our careers to researching how economies can grow and how the benefits of this growth can be translated into broadly shared prosperity and security, we have grave concerns about the budget reconciliation bill passed by the U.S. House of Representatives on May 22, 2025. The most acute and immediate damage…

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Author: Jen Abella

Donald Trump’s tax bill heads to Senate: Speaker Mike Johnson says, ‘millions not losing Medicaid unless they want to’

House Republicans narrowly passed Trump’s tax bill, featuring $625 billion in Medicaid cuts with work requirements. Speaker Mike Johnson called the Medicaid changes “commonsense” and said millions won’t lose coverage unless they choose. The bill now faces Senate scrutiny.

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Author: Ravi Hari