Trump’s “Big, Beautiful Budget Bill”: Are Republicans Gaining the Whole World of Wealthy Donors, but Losing Their Soul?

This past week Republicans in the House of Representative passed President Trump’s “Big, Beautiful Budget Bill”. It is really big, but is it beautiful? It is a megabill that funds a laundry list of items on the president’s agenda. It now needs to go the Senate, where it will likely be modified and then returned to the House for “reconciliation”.

Budgets are moral documents, insofar as they represent one’s priorities. It is appropriate to raise moral questions about this legislation. Will this budget bill help or hurt most Americans, but especially our poorest citizens? Is it beautiful or is it selfishness disguised as efficiency?

What might Jesus of Nazareth say about this big, beautiful budget bill? Jesus (revered as the Son of God by billions around the globe, and as a great moral teacher by many others) taught a lot about money and economics. He warned that human greed is deceitful and destroys true life. He raised a probing question: What does it profit a person to gain the whole world, if they lose their soul? (Mark 8:36) If many people are losing their soul, their conscience, their compassion for others, this loss of our soul will be felt by “the least of these” that Jesus loved so much.

Jesus also warned his followers that human rulers usually lord it over their fellow citizens, while at the same time, they lie about all the “good” they are doing for people. (Luke 22:25) Therefore, we the people need to be diligent and discern the truth from the propaganda misinformation that comes at us from both sides of the aisle. I would like to “forward” Jesus’s question to the Republican members of the House of Representatives. Although they claim this bill would do so much good, if it hurts our neediest neighbors, are we losing our soul?

Since both Republicans and Democrats tend to spin information for their own advantage, what sources can we trust? I suggest the Congressional Budget Office (CBO). It is nonpartisan. Both Republicans and Democrats love the CBO when it backs up their claims, but they both hate it when it reveals their distortions and disinformation. (“Figures never lie, but liars do figure”) The CBO is the closest thing we have to an impartial “referee” in Congress. The predictions below are the estimates of the CBO based upon the budget bill as currently passed in the House of Representatives.

The most significant items in the bill are (1) the renewal of the Trump 2017 income tax legislation scheduled to end this year; (2) cuts in Medicare and Medicaid benefits; (3) cuts in food stamp benefits / SNAP.

  • Democrats claim that the legislation favors the very rich whereas Republicans affirm that the budget bill is beautiful for all citizens, especially the middle class and the poorest people.  The CBO estimates that, due to the provisions of this bill, the wealthiest 10% of the population will see a 4% increase in their wealth next year. The CBO predicts the poorest 10% of our people will see a 2% decline in their income next year and a 4% drop in the following year.
  • President Trump promised not to cut Medicare or Medicaid benefits. The CBO predicts over $800 billion will be cut from these programs. Republicans claim most of this is due to waste, fraud, and the removal of “dead people” on the list who are currently receiving benefits. The CBO denies these claims. It sure seems to me that Trump broke his promise and would sign this legislation.
  • The CBO claims that the “big, beautiful” bill will add to our national debt by at least $3.3 trillion. Republicans don’t like this prediction and they claim the CBO (the official referee) underestimates the growth in our economy.  During his first term, Trump predicted his economic plans would not add to the debt. He was very wrong. His supporters seem to forget that Trump increased the national debt by $7.8 trillion during his first administration (the highest jump in any four-year term).
  • There are major changes in health care, especially in Medicaid and “Obamacare”. The CBO predicts that 13 million Americans would no longer have health insurance. Here again, Republicans don’t like these figures and they claim the CBO is “wrong”
  • Food stamps (the SNAP program) currently serves one-in-eight Americans each month. This bill would cut $230 billion over ten years, literally taking food out of people’s mouths.
  • Some of the provisions of the bill do help low wage earners (for example, no taxes on tips). Nevertheless, these are mere “crumbs” compared with the lavish deductions given to the very rich.

As I affirmed at the beginning of this post, budget bills are moral documents that should be evaluated by their (estimated) consequences. I choose to use the criteria taught by Jesus: What happens to the “least of these” among us? According to his standards, this bill does not seem very beautiful. In fact, it is quite ugly.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.