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Rattner warns GOP megabill is 'highly regressive,' favors wealthy and hurts the poor
Posted
May 22, 2025
Views
147,360
Likes
6,592
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Engagement
4.97%
May 22, 2025
147,360
6,592
728
4.97%
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8:55
2:58Now PlayingOn Morning Joe, Steve Rattner broke down President Trump’s tax and spending bill, warning it could add up to $25 trillion in additional debt. He called the legislation “highly regressive,” noting that “if you're in the bottom 20%, you actually lose $800,” while top earners see gains.
“If we simply eliminated these tax cuts [for the wealthy], we could eliminate these budget cuts on these poor people.”
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