Treas. Sec. Bessent Spins Fairy Tales On Big Ugly Bill

1 month ago 2
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With no proof, Trump's Treasury Secretary Scott Bessent casually dismissed actual research data showing the damage to the working class and the rewards going to the upper class from the Big Beautiful Ugly bill by mentioning Joe Biden's name.

This is the trademark from the MAGA cult when actual evidence is presented which exposes Trumps lies, immorality and corruption. Claim bias, move on and make unsubstantiated promises and claims that are never fulfilled ore realized.

BASH: The Tax Policy Center says the majority of the tax benefits will go to Americans making $217,000 or more a year. The Yale Budget Lab says the richest Americans will see their income rise by nearly 2%.

The lowest earning Americans will see their income drop by 3% when factoring in cuts to Medicaid and food stamps. You argue that the benefits will really be aimed at the middle class.

How does that square?

BESSENT: Well, Dana, first let's have a look at the Yale Budget Lab because I was looking at their findings and this week I actually went on their website.

They're all ex-Biden officials, so I think we can discount everything they say.

Ignore them because an ex-Biden official might work there. Who are these officials? Bessent never commented on The Tax Policy Center who say the wealthy will thrive while the workinm class with see income drop while losing Medicaid and food stamps.

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