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Trump's Budget Cuts Endanger Low-Income Americans' Welfare

7/5/2025

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Trump's Budget Cuts

Donald Trump's budget plan poses a grave threat to low-income Americans, slashing Medicaid and food assistance for 30% of those earning under $50,000. While the wealthy enjoy tax cuts, income inequality widens, and economists caution that these policies could inflate the national debt, already a staggering $36 trillion, jeopardizing the economy's future.

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Trump's Trade Deadline

Donald Trump has announced a bold deadline of July 9, 2025, for trade deals, potentially jeopardizing the already fragile US economy. With national debt soaring to $36 trillion—123% of GDP—escalating interest rates and tariffs are shaking investor confidence. The dollar has plummeted 8% this year, driving up import costs and making loans more expensive.

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Trump's Budget Cuts

Donald Trump's budget plan poses a grave threat to low-income Americans, slashing Medicaid and food assistance for 30% of those earning under $50,000. While the wealthy enjoy tax cuts, income inequality widens, and economists caution that these policies could inflate the national debt, already a staggering $36 trillion, jeopardizing the economy's future.

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