Big Bill Hurts Poor Children, Benefits Wealthy | JQJO

The Republican 'One Big Beautiful Bill' would significantly cut social safety net programs, impacting low-income children most. The Congressional Budget Office estimates the bill would reduce federal spending on Medicaid by $800 billion over a decade, potentially leaving millions of children without health coverage. SNAP benefits would also be drastically reduced, affecting over 2 million children. While tax credits would increase for some, the changes would create more hurdles for low-income families to access them. The bill benefits wealthy households, with an average annual gain of $12,000, while the poorest would lose about $1,600.