SSN Commentary

Republican budget has a few big winners, many losers

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College of William and Mary

Originally published in The Virginian-Pilot on June 19, 2025. 

Government budgets are like box scores in basketball or baseball. If you study the numbers, you can tell who had a good day or bad day. The Republican budget that barely passed in the House will give millionaires a major victory. But millions of working families will be shut out.

Republicans are being very selective in the budget numbers they highlight. They claim that almost all Americans will receive a tax cut. What they don’t mention is how huge those tax cuts will be for the rich compared to everyone else.