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This Federal Budget Will Widen the Racial Wealth Divide

Summary by juancole.com
By LaToya B. Parker, Dedrick Asante-Muhammad | ( Otherwords.org) – The House recently passed a massive Trump budget bill that will cut trillions in taxes for the ultra-wealthy while eviscerating Medicaid, SNAP, and other services for working Americans. It now moves to the Senate. This bill has been called a massive transfer of wealth from the poor to the rich. It will also entrench racial economic inequality, subsidizing dynastic wealth for the …

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juancole.com broke the news in on Tuesday, June 3, 2025.
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