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Economy

Over 800,000 Kids Thrown Off SNAP Since Passage of GOP's Big Ugly Bill: Analysis

Over 800,000 Kids Thrown Off SNAP Since Passage of GOP's Big Ugly Bill: Analysis

"Millions losing SNAP, including children, is an emergency that Congress needs to fix now, before more people are hurt."

Brad Reed
Jun 23, 2026

An analysis updated Monday by the Center on Budget and Policy Priorities estimates that millions of people, including more than 800,000 children, have lost Supplemental Nutrition Assistance Program benefits since Republicans’ 2025 One Big Beautiful Bill Act took effect.

In total, CBPP estimates that "SNAP participation nationwide fell by more than 4 million people (10%) between the law’s July 2025 enactment and March 2026," with declines "especially pronounced" in Arizona, which has seen enrollment fall by more than 50%.

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News
one big beautiful bill act
Then-Vice President George H. W. Bush swears in Alan Greenspan while President Ronald Reagan looks on.

Alan Greenspan, Longtime Fed Chair and Ayn Rand Disciple, Meets Ultimate ‘Invisible Hand’

"For decades, he preached that the self-interest of the predator was the invisible hand of the common good," Yanis Varoufakis said after the man who led the US central bank under four presidents died aged 100.

Brett Wilkins
Jun 22, 2026

Alan Greenspan, whose policies during nearly 20 years as US Federal Reserve chair fueled soaring economic inequality and helped create the conditions for multiple economic crashes, died Monday at age 100 after a long battle with Parkinson's disease.

While many corporate media outlets published hagiographic obituaries lionizing the "Maestro" who presided over nearly two decades of low inflation, rising stock prices, and American economic confidence, critics focused on Greenspan's role in promoting dangerous deregulation and "easy money" policies that inflated financial bubbles, with sometimes disastrous results.

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alan greenspan
Watchdog Warns Crypto Bill Could Be Major Tax Giveaway to Ultrarich—Including Trump Family

Watchdog Warns Crypto Bill Could Be Major Tax Giveaway to Ultrarich—Including Trump Family

“The cryptocurrency industry has facilitated the Trump family’s corruption at every turn. Lawmakers should be wary of creating new tax loopholes to benefit the Trump family and their donors in the crypto industry."

Brad Reed
Jun 22, 2026

A government watchdog is warning that new cryptocurrency policies being considered in the House of Representatives would be a major boon to the ultrawealthy, including President Donald Trump's family.

In an analysis published on Monday, the Revolving Door Project (RDP) highlighted new crypto-related tax bills being discussed in the House Ways and Means Committee, including one that "would create a functional subsidy for cryptocurrency firms by allowing them to defer taxes owed on their mined coins indefinitely and without interest, so long as the firms do not sell the coins."

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cryptocurrency
President Trump Holds "Make America Wealthy Again Event" In White House Rose Garden

Thanks to Trump Economy, ‘Dads Are In for Disappointment This Father’s Day’

"While dads across the country should be able to relax and enjoy the day with loved ones, they’re instead forced to worry about how they’ll make ends meet in Trump’s economy."

Brad Reed
Jun 19, 2026

A report published Friday reveals how President Donald Trump's policies have jacked up prices for a host of potential Father's Day gifts this year.

Overall, the analysis by Groundwork Collaborative, a progressive economic think tank and advocacy group, finds that prices for popular Father's Day gifts have risen by nearly 19% on average over the last year, highlighted by a 30% increase in the price of Remington electric shavers, a 16% jump for Blackstone electric griddles, and a barbecue tools up by 11%.

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News
inflation

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