Fighting Trump & Republicans' Billionaires-First Agenda
Senator Reed is Standing Up for Rhode Island Against President Trump’s Budget Bill
President
Trump and Congressional Republicans are trying to force their partisan budget
reconciliation bill (H.R. 1) through Congress.
Lowering prices and passing tax cuts for everyday Rhode Islanders
struggling to make ends meet is common sense and I support those policies, but
the President’s Big Beautiful Bill does the opposite.
This disastrous bill has
already been passed by the House of Representatives and will destroy safety net
programs that hardworking Rhode Islanders rely on and increase poverty, all so Republicans
can give massive tax breaks to the ultra-wealthy.
Key Takeaways: Cruel, Irresponsible, Budget Buster
16 million Americans, including roughly 44,000 Rhode Islanders, would be kicked off their health insurance.
Almost 22,000 Rhode Islanders and 11 million Americans would partially or entirely lose their food and nutrition assistance away.
The deficit would increase by up to $3 trillion.
Taxes
Republicans are stealing from the poor so they can give to the rich by trying to make their tax cuts for the ultra-wealthy permanent.
The nonpartisan Congressional Budget Office (CBO) estimates that this bill will make the richest Americans $12,000 richer and the poorest Americans $1,600 poorer.
This irresponsible bill is already threatening our nation’s financial health.
Health Care
Republicans are moving forward with over $1 trillion in health care funding cuts that will throw an estimated 16 million Americans, including roughly 44,000 Rhode Islanders, off their health insurance, putting a massive strain on families, emergency rooms, and our state's budget.
If passed, H.R. 1 would result in the largest funding cut to Medicaid and the Children’s Health Insurance Program (CHIP) in U.S. History, while purposefully making it difficult and expensive to get health insurance through Affordable Care Act (ACA) marketplaces and undercutting Medicare’s ability to negotiate lower drug prices.
Environment
Republicans
want to end tax credits created by the Inflation Reduction Act that have
spurred a green manufacturing boom—eliminating jobs, driving up energy
prices, and moving the country backwards in our fight against climate change.
They are also targeting a program that I
have championed, the Green and Resilient Retrofit Program, which helps Rhode
Islanders keep their homes safe, warm, efficient, and resilient all year.
Nutrition & Social Services
Republicans want to gut the
Supplemental Nutrition Assistance Program (SNAP).
This means 22,000 Rhode Islanders and millions
of Americans will lose all of their food assistance, and millions
more will see significant cuts to their benefits, including up to 420,000
children who will have decreased access to the National School Lunch
Program and School Breakfast Program.
Education
Republicans are making it harder
for Rhode Islanders to get a quality education.
They will eliminate subsidized loans for graduate education, terminate most
student loan repayment options, force educational institutions to repay the
government for the loans of their former students, and even slash Pell Grants eligibility.
H.R. 1 will make education more
expensive for everyone and seriously limit educational opportunities
for a generation of students.
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Other Outrageous Provisions
H.R.
1 will ban states from regulating Artificial Intelligence (AI),
putting consumers and workers at risk.
Republicans
want to spend $45 billion on building immigration detention centers
without doing anything to fix our immigration system.
The
Republican proposal removes gun silencers from regulation under the
National Firearms Act and removes the tax on purchasing silencers, making
our communities less safe.
To pay for their tax cuts,
Republicans want to sell up to 250 million acres of federal lands
across the U.S.
If
H.R. 1 is passed, thousands of Rhode Island women will lose
access to their doctors and nurses due to the elimination of women’s health
funding for Planned Parenthood.
Learn more about what Senator Reed is doing & find additional resources:
-
Health Care
- New CBO Report Shows Trump's Bill Would Slash Healthcare Coverage from 16 Million Americans & Raise Costs for Millions More
- Reed Opposes House GOP’s Steep Cuts to Medicaid Which Could Leave Thousands of RIers Without Health Coverage
- Reed Slams Republicans for Advancing Bill to Rip Health Care Away from Millions and Warns GOP Will Impose Higher Health Costs for All
- New CBO Analysis Shows 10.3 Million Americans Would Lose Health Coverage to Off-set Republicans’ Billionaires-First Tax Break
- With Trillions at State and People’s Health Care on the Line, Reed Seeks to Ensure Budget Blueprint Protects Medicaid, Medicare, and Working Families
- Democrats Urge Republicans Against Using Medicaid to Bankroll Tax Cuts for the Rich at the Expense of Working Families, Seniors, and Americans with Disabilities
- Food & Nutrition Assistance
-
General
- Reed Blasts House Passage of Irresponsible Tax Bill That Will Take Away Health Care and Wreak Havoc on America’s Finances
- Reed Condemns Senate GOP’s Revised Budget Resolution
- Reed Slams Republican Budget That Slashes Medicaid to Fund Billionaires-First Tax Windfall and Add Trillions to the Debt
- Reed Statement on Republicans Advancing a ‘Billionaires-First’ Budget
- Reed and Whitehouse Urge Trump to Reject Republican Budget that Raises Costs for Families
- Senator Reed leads Senate Democrats in writing to Leader Thune and Speaker Johnson about the importance of Medicaid and CHIP
- Senator Reed joins Senator Warren in a letter to Trump regarding the Republican budget proposal
- Senator Reed and 46 Senate Democrats write to the public against Republican efforts to gut health care and cut taxes for the wealthy
- Senator Reed and dozens of Congressional Democrats send an open letter to the public warning of Republican threats to SNAP
- Reed joins Senate Banking Committee Democrats in sending a letter to Chairman Scott regarding Reconciliation
- Senator Reed and Senate Democrats emphasize the importance of funding for programs that support seniors, children, and working families in open letter to the public
- Letter to Leader Thune and Chairman Crapo re Reconciliation Tax Cuts
- Reed Seeks to Block Trump-Republicans Plan to Take from the Needy to Give to the Greedy
- Reed Slams Trump-Republicans’ Billionaires-First Tax Windfall on MSNBC’s The Weeknight
- Reed Condemns Senate Republicans’ Budget Resolution
- Reed Blasts GOP Proposals to Cut Medicaid and Jeopardize Health Care for Millions of Americans
- Congressional Budget Office (CBO) estimated increase in uninsured individuals resulting from the Big Beautiful Bill Act
- The Reconciliation Process: Frequently Asked Questions (Congressional Research Service)
- Fact Sheets from the Bipartisan Policy Center
- Impacts on Health Care in Rhode Island (KFF)
- Distributional Effects of Selected Provisions of the House Reconciliation Bill (Yale Budget Lab)
- Effect of House Reconciliation Bill on U.S. Manufacturing, Jobs, and Energy Security (Joint Economic Committee)
- State-by-State Impacts of House Reconciliation Bill (CBPP)
How to Stay Updated & Contact Senator Reed
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