{"id":1052982,"date":"2025-05-22T16:02:05","date_gmt":"2025-05-22T20:02:05","guid":{"rendered":"https:\/\/democrats.org\/?p=1052982"},"modified":"2025-05-22T16:02:06","modified_gmt":"2025-05-22T20:02:06","slug":"shot-chaser-as-republicans-gut-americans-health-care-and-food-assistance-trump-doubles-his-net-worth-2","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/shot-chaser-as-republicans-gut-americans-health-care-and-food-assistance-trump-doubles-his-net-worth-2\/","title":{"rendered":"SHOT\/CHASER: As Republicans Gut Americans\u2019 Health Care and Food Assistance\u2026 Trump Doubles His Net Worth"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"449\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" alt=\"\" class=\"wp-image-1050776\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png 1101w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=300,132 300w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=768,337 768w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=1024,449 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>SHOT: Donald Trump and House Republicans passed the largest cuts to health care and food assistance in American history\u2026<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/thehill.com\/policy\/healthcare\/5299154-republicans-advance-medicaid-bill-trump-agenda\/\">The Hill<\/a>: <strong>\u201cRepublicans on the House Energy and Commerce Committee on Wednesday afternoon advanced legislation containing cuts to Medicaid and health care provisions \u2014 some of the most controversial and contentious provisions that will be included in the \u2018big, beautiful bill\u2019 of President Trump\u2019s ambitious legislative agenda.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cbpp.org\/research\/health\/house-republican-bill-would-cut-medicaid-funding-to-states-providing-own-health\">Center on Budget and Policy Priorities<\/a>: \u201cCBO\u2019s early estimates show that <strong>at least 13.7 million people would lose coverage and become uninsured because of the Medicaid cuts and the ACA marketplace restrictions in this committee legislation, <\/strong>as well as the fact that the budget legislation does not extend expiring marketplace premium tax credit improvements.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/live-updates\/2025\/05\/14\/congress\/house-agriculture-committee-approves-300-billion-in-nutrition-spending-cuts-00350900\">Politico<\/a>: <strong>\u201cThe GOP proposal would create the largest overhaul in decades to the Supplemental Nutrition Assistance Program, which helps more than 42 million people in the U.S. pay for food, by forcing states to share the cost of SNAP benefits.\u201d<\/strong><\/p>\n\n\n\n<p><strong>CHASER: \u2026 while Trump pockets billions of dollars for himself.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/features\/2025-trump-family-presidency-wealth\/\">Bloomberg<\/a>: \u201c[N]o modern American president has positioned his family to make so much money while in the White House. <strong>Already, since the early days of [Donald Trump\u2019s] reelection campaign, he\u2019s more than doubled his net worth to about $5.4 billion.<\/strong><\/p>\n\n\n\n<p><strong>\u201cIn that time, the Trump name has powered more than $10 billion of real estate projects, a multibillion-dollar valuation for his money-losing social-media company, more than $500 million in sales from just one of his crypto ventures and millions of dollars more from stakes in companies that offer financial services, guns and drone parts. \u2026<\/strong><\/p>\n\n\n\n<p><strong>\u201cTrump has loosened constraints on overseas dealmaking that were put in place in his last administration. (He also let Elon Musk, the billionaire leading an effort to slash government spending, police his own conflicts).<\/strong> This week, he\u2019s scheduled to dine with his new memecoin\u2019s top holders. \u2026<\/p>\n\n\n\n<p><strong>\u201cAnd despite talk of a recession, the clan stands to get richer than ever.\u201d<\/strong><\/p>\n\n\n\n<p>###<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHOT: Donald Trump and House Republicans passed the largest cuts to health care and food assistance in American history\u2026 The Hill: \u201cRepublicans on the House Energy and Commerce Committee on Wednesday afternoon advanced legislation containing cuts to Medicaid and health care provisions \u2014 some of the most controversial and contentious provisions that will be included [&hellip;]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1052982","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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