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Steve Rattner: This bill is 'unprecedented' - it 'takes money from the poor, gives it to the rich'
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July 7, 2025
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2:09Now PlayingMorning Joe economic analyst Steve Rattner weighs in on how the president's spending package will impact the U.S. economy, warning the bill would push millions off Medicaid and deepen income inequality:
"In 50 years of watching economic policy, I have never seen a package that was so regressive, that did so much to take money from the poor, give it to the rich and take it away from the poor. This is unprecedented in our history. It is the most amazing piece of social legislation in the wrong direction that we have ever seen."
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