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center for budget and policy priorities
GOP 'Doubling Down on a Failed Agenda' With New Reconciliation Framework, Says Key Dem
"Americans will pay a steep price if Republicans move forward with this disastrous agenda," said Sen. Ron Wyden.
Jan 13, 2026
The House Republican Study Committee on Tuesday released a blueprint for a new budget reconciliation package with the purported goal of making "life more affordable for working families."
However, according to an analysis by Washington Post economic policy reporter Jacob Bogage, two of the three most expensive items in the GOP budget blueprint would be the elimination of the federal estate tax, which would provide a massive windfall to the richest US households, and indexing capital gains to inflation, which even the conservative American Enterprise Institute contends "would further distort taxpayer decisions and increase the ability to shelter income from taxation."
Other items in the GOP blueprint include refilling the Strategic Petroleum Reserve with oil seized from Venezuela, blocking federal funds for abortion providers, and a new "excise tax on colleges that allow trans women in sports."
Sen. Ron Wyden (D-Ore.), ranking member of the Senate Finance Committee, wasted no time ripping the proposal from the largest right-wing House caucus to pieces.
"After passing the largest health care cut in American history, Republicans are doubling down on a failed agenda that benefits billionaires and giant corporations while ripping away food, healthcare and other basic necessities,” Wyden said. “This legislation will eliminate protections for Americans with preexisting conditions, place more red tape between families and their healthcare, and seize ideological trophies instead of focusing on making life more affordable. Americans will pay a steep price if Republicans move forward with this disastrous agenda.”
Richard Phillips, pensions and tax policy director for Sen. Bernie Sanders (I-Vt.), marveled at the GOP loading up a bill supposedly focused on working families with massive giveaways to the wealthiest Americans.
"As part of it's new affordability agenda for the American people the Republican Study Committee reveals its plan to give the wealthiest 0.2% of estates a $281 billion tax break?" he wrote in a post on X.
Chuck Marr, vice president of federal tax policy at the Center on Budget and Policy Priorities, similarly called the GOP blueprint "tone deaf."
"Nothing says attack the affordability crisis working-class people face than Rs calling for eliminating the estate tax for the wealthiest heirs in the country—just months after giving them a $30 million tax free exemption," he wrote.
The GOP's second attempt at a budget reconciliation package comes months after it passed the One Big Beautiful Bill Act, a reconciliation package that gave more tax breaks to the rich, but cut Medicaid spending by nearly $1 trillion over the next decade, while also slashing spending on the Supplemental Nutrition Assistance Program by nearly $200 billion over the same period.
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Tanking Economy and Higher Prices Put Trump on ‘Naughty List’ This Holiday Season, Group Says
"Families are heading into the holidays facing snowballing costs on everything from toys and groceries to health care and utilities, yet Trump continues to call affordability a hoax."
Dec 19, 2025
President Donald Trump delivered a speech on Wednesday in which he tried to convince US voters that the economy under his watch was the envy of the world.
However, newly released data shows that Americans are not buying it.
The latest data from the University of Michigan's Surveys of Consumers showed consumer sentiment of current economic conditions dropped yet again in December to a rating of 50.4, which represents a 33% drop from the 74.0 consumer sentiment rating one year ago.
The Groundwork Collaborative released a report on Friday that slammed the president's economic stewardship and said that "it is no surprise that a record number of Americans put Trump’s economic performance on the naughty list this holiday season."
The group then explained why Americans have good reason to be pessimistic.
One of the most glaring problems with Trump's economy at the moment, the group contended, is the labor market, which has reported net negative job growth over the last two months.
What's more, Groundwork Collaborative noted that "the number of people working part time for economic reasons rose to 5.5 million in November, an increase of about 909,000 since September, as Americans are unable to find full-time employment."
The group also hit Trump for his tariffs on imported goods, which have already cost the average American family an estimated $1,200 so far and are projected to cost them $2,100 next year, assuming the tariffs remain at their current levels.
Alex Jacquez, chief of policy and advocacy at Groundwork Collaborative, said that current economic conditions were the opposite of what Trump promised during the 2024 presidential campaign, when he vowed to lower prices starting on his first day in office.
"Families are heading into the holidays facing snowballing costs on everything from toys and groceries to health care and utilities, yet Trump continues to call affordability a hoax," said Jacquez. "As working families yearn for the ghost of economies past, let’s hope the Scrooge in the White House makes a resolution to stop gaslighting Americans and get serious about bringing costs down in the new year."
Groundwork Collaborative's analysis came one day after the Center on Budget and Policy Priorities (CBPP) released a report on Thursday that outlined how Trump and his Republican allies have worked to make life less affordable for US voters over the last year.
Beyond the aforementioned tariffs cited by Groundwork Collaborative, CBPP cited the major cuts that Trump and the GOP made to Medicaid and the Supplemental Nutritional Assistance Program (SNAP) in the One Big Beautiful Bill Act that they passed into law earlier this year.
CBPP also flagged Trump and the GOP's cuts to renewable energy projects that the group argued are raising the cost of electricity at a time when electric grids are coming under heavy strain from the energy demands of artificial intelligence data centers. Making this crisis potentially even worse, the think tank noted that Trump has proposed entirely eliminating the Low Income Home Energy Assistance Program (LIHEAP).
Taken together, CBPP suggested that GOP policies have been taking a hatchet to the budgets of US households in the bottom half of the income distribution scale.
"Households with incomes in the bottom half of the distribution... spend almost 90% of their incomes on basic items: utilities, groceries, health care, transportation, and shelter," wrote CBPP. "And to help afford those basics, many need assistance, such as Medicaid, SNAP, or LIHEAP, that the Administration has put on the chopping block."
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Defenders of Social Security Furious Over Trump Plan for Part-Time Commissioner
"Every American who has paid into Social Security should be outraged," said one Social Security advocate.
Oct 06, 2025
The Trump administration on Monday announced that Social Security Commissioner Frank Bisignano would also serve as a the chief executive officer at the Internal Revenue Service, in a move that was panned by defenders of the crucial anti-poverty Social Security program.
As The Wall Street Journal reported on Monday, US Treasury Secretary Scott Bessent announced that Bisignano would be filling the newly created position of CEO at the IRS, even as he retains his duties as Social Security commissioner.
According to the Journal, Bisignano "will report directly to Bessent, who will remain the formal head of the IRS as acting commissioner," and that he "will help implement the administration's vision for the IRS, which emphasizes upgraded technology and retreats from the heavier enforcement initiatives started under President Joe Biden."
Bisignano's appointment comes weeks after Billy Long, the previous IRS commissioner, got ousted from his job after working there for under two months.
Social Security advocates reacted to the move by condemning the administration for creating even more turmoil at the Social Security Administration (SSA).
Nancy Altman, president of Social Security Works, slammed the administration for giving Bisignano added duties when he was already "unqualified" to serve as Social Security commissioner.
"Never in Social Security’s 90-year history has a commissioner held a second job," she said. "Bisignano’s new role will leave a leadership vacuum at the top of the agency, especially since Trump hasn’t even nominated a deputy commissioner."
Altman further accused the administration of "allowing Social Security to rot through sabotage and neglect" by downgrading the program's top role to part-time.
Richard Fiesta, executive director for the Alliance for Retired Americans, similarly emphasized that running the SSA was "a full-time job," and said that the Trump administration had already caused "chaos" at the agency by slashing longtime staff members.
"Every American who has paid into Social Security should be outraged," he said. "Americans pay for the workers and administration of the agency through their Social Security withholdings in every paycheck. We expect a full-time commissioner for our money. Instead, we’re now getting a part-time commissioner drawing a full salary from our Social Security taxes."
Kathleen Romig, director of Social Security and disability policy at the Center on Budget and Policy Priorities, described Bisignano’s appointment as "alarming news" and said it raises "major concerns."
Specifically, Romig warned about potential security breaches of Americans' data at both the IRS and SSA.
"We know that from the beginning they’ve been trying to bulldoze protections of the sensitive data that each agency holds," she wrote in a post on Bluesky. "Early this year, acting heads of both SSA and Treasury were both pushed out over data access"
She then pointed to reports that the Department of Government Efficiency has been working on a "data lake" that uses sensitive information from both agencies "to track and surveil undocumented immigrants" residing in the US.
"This unprecedented arrangement cries out for meaningful oversight to ensure that each agency adequately serves the public, conflicts of interest are resolved, and our most sensitive data are protected," she said.
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