Mike Leachman
@mleachm.bsky.social
280 followers 19 following 22 posts
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Reposted by Mike Leachman
sarahl202.bsky.social
TSen. Scott amendment effectively repeals Medicaid expansion in only a few years. New analysis here: www.cbpp.org/research/med...
Reposted by Mike Leachman
sarahl202.bsky.social
New Congressional Budget Office (CBO) numbers confirm what we already knew – the reconciliation bill is getting worse, not better. The Senate bill will cut health care more deeply than the House bill and leave more people uninsured. www.cbo.gov/publication/...
Estimated Budgetary Effects of an Amendment in the Nature of a Substitute to H.R. 1, the One Big Beautiful Bill Act, Relative to the Budget Enforcement Baseline for Consideration in the Senate
As posted on the website of the Senate Committee on the Budget on June 27, 2025
www.cbo.gov
Reposted by Mike Leachman
peggybaileydc.bsky.social
It only takes a little math to dissect what the One Big Beautiful Bill is all about - Securing tax cuts for wealthy people on the backs of people who will have their health coverage and food assistance taken away.
Reposted by Mike Leachman
sarahl202.bsky.social
Senate Republican leaders appear to be barreling ahead with their harmful reconciliation bill. Reminder that the Republican health agenda would take us backward on covering the uninsured, largely reversing #ACA gains. 👎
(h/t @pkrugman.bsky.social for the graphic idea)
Reposted by Mike Leachman
shelbytgonzales.bsky.social
The latest Senate Republican plan retains a deeply harmful provision that tramples over state rights’ to make decisions about how to use their own funds to ensure their state residents can access comprehensive health coverage.
Reposted by Mike Leachman
katiebergh.bsky.social
The Senate quietly stripped veterans, people experiencing homelessness, and young people who recently aged out of foster care of their current exemptions from SNAP's harsh work requirement. CBO estimates this change alone would cut 270,000 people off SNAP. thehill.com/opinion/cong...
thehill.com
Reposted by Mike Leachman
centeronbudget.bsky.social
Let's be clear: The Senate Republican bill would take away health coverage and food assistance from millions of people who need it — all to pay for tax cuts for the wealthy.
mleachm.bsky.social
Alaska lawmakers nail how harmful to states this bill being rushed through Congress would be: www.nytimes.com/2025/06/27/o...
Opinion | Our State Cannot Survive This Bill
www.nytimes.com
Reposted by Mike Leachman
krisycox.bsky.social
#CTC changes in the House tax bill leave behind the 17M children who currently get less than the full $2k credit. The bill increases the max to $2,500 for 4 yrs (then drops back to $2k), which gives these 17M a $0 increase but showers higher-income families w/ 2 kids w/ an extra $1,000.
Reposted by Mike Leachman
sarahl202.bsky.social
The House W&M bill includes a slew of tax cuts for wealthy ppl. One glaring omission: an extension of enhanced premium tax credits. And that's a major reason 13.7M would be uninsured per CBO's early look at proposals in the House E&C bill. democrats-energycommerce.house.gov/sites/evo-su...
democrats-energycommerce.house.gov
Reposted by Mike Leachman
The House Ways and Means tax bill released today is skewed in favor of rich people, is even more costly than the original 2017 law, and fails to deliver for working-class families and small businesses.
A thread 🧵
Reposted by Mike Leachman
centeronbudget.bsky.social
CBPP's Samantha Jacoby posted on X explaining how the House Republican tax bill's new federal tax credit to subsidize private school vouchers works: x.com/jacsamoby/st...
Samantha Jacoby on X: House Rs’ tax bill includes a new federal tax credit to subsidize private school vouchers — effectively the first nationwide voucher program. Plus, it’s structured as a costly tax break for the wealthy w/an egregious capital gains tax loophole. It should be rejected.
mleachm.bsky.social
My colleague Wes Tharpe lays out the harm being done to local economies in every state by DOGE and Trump federal worker layoffs.
mleachm.bsky.social
Congress already approved D.C.’s 2025 budget last year, and it needs to ensure that the District can continue to spend its own resources in line with that budget.
mleachm.bsky.social
Yet Congress’ actions are threatening D.C.’s credit rating. Fitch Ratings indicated that it is likely to downgrade D.C.’s credit rating under the enacted continuing resolution. www.fitchratings.com/research/us-...
www.fitchratings.com
mleachm.bsky.social
D.C. manages its budget prudently, as its strong current credit ratings indicate. For 28 consecutive years, the District has received clean audits. cfo.dc.gov/sites/defaul... 2024 DC Annual Report_Letter from the Mayor.pdf
cfo.dc.gov
mleachm.bsky.social
That’s in part because if Congress cuts $1B from D.C.’s locally raised budget, D.C. budget rules would force sharp cuts to planned infrastructure improvement projects such as those that will improve road safety and improve regional transit.
mleachm.bsky.social
The harm would ripple beyond D.C. into the neighboring economies of Maryland & Virginia & the broader regional economy.
mleachm.bsky.social
DC is about halfway through its fiscal year. Forcing DC to cut $1B from its budget now would cause immediate & devastating cuts to local services that District residents & biz depend on – like public transit, public safety, schools, child care & more: www.documentcloud.org/documents/25...
DC Budget Memo Congress Shutdown 2025
www.documentcloud.org
mleachm.bsky.social
Forcing D.C. back to its 2024 funding levels for local funds saves the federal government *nothing*. It only stops D.C. from operating under its balanced and enacted budget, spending revenue that it has raised.
mleachm.bsky.social
The Senate passed a standalone bill on a bipartisan basis to let D.C. continue operating under its enacted fiscal year 2025 budget and spend its own funds. The House should move quickly to adopt the Senate bill as is.
mleachm.bsky.social
The legislation enacted to fund the federal government for the rest of FY25 will force D.C. to cut its budget by $1 billion by limiting how much it can spend of its *own, DC-raised funds* to 2024 levels.