This Republican Agenda Is Generational Theft
The costs of the reconciliation bill — as with so many of the GOP’s current policies — will be paid by the youngest. And they have no say in the matter.
Not so fast.
Photographer: Akio Kon/BloombergThe highest price for President Donald Trump’s second-term plans will be paid by those who are not yet born.
Yes, it’s true that today’s lower- and middle-income families will shoulder a large share of the cost — and that’s what’s getting most of the attention as Republicans push through the One Big Beautiful Bill Act, a budget reconciliation plan that, for all Trump’s populist rhetoric, pursues a mostly conventional Republican approach. It offers a tax policy that rewards the affluent far more than working- or middle-class families and targets substantial spending reductions at programs that mostly benefit blue-collar households.