{"id":8066,"date":"2025-09-10T20:31:11","date_gmt":"2025-09-10T20:31:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/8066\/"},"modified":"2025-09-10T20:31:11","modified_gmt":"2025-09-10T20:31:11","slug":"liberal-group-tariffs-megabill-leave-99-worse-off","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/8066\/","title":{"rendered":"Liberal group: Tariffs, megabill leave 99% worse off"},"content":{"rendered":"<p>Ninety-nine percent of Americans will see their incomes decrease in 2027 due to the combined effects of Trump\u2019s tariffs and megabill, according to <a href=\"https:\/\/www.americanprogress.org\/article\/new-trump-administration-policies-will-decrease-average-incomes-for-all-americans-except-the-top-1-percent\/\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">an analysis of nonpartisan data by the left-leaning Center for American Progress<\/a> out today. <\/p>\n<p>The analysis, shared first with Semafor, found that all Americans will make less in 2029 after some of the megabill\u2019s tax provisions expire. By then, \u201caverage incomes are down by 5% for the poorest and 2% for folks in the middle class,\u201d author Corey Husak said. <\/p>\n<p>\u201cWe\u2019re trying to see what people are going to be feeling \u2014 and if you\u2019re losing 2% to 5% of your income, you\u2019re probably going to be feeling that.\u201d <\/p>\n<p>Husak noted the analysis did not account for <a href=\"https:\/\/www.semafor.com\/article\/09\/08\/2025\/republicans-grapple-with-internal-divide-over-obamacare-credits\" class=\"styles_linkEmbed__SNmaX\" rel=\"no-referrer nofollow noopener\" target=\"_blank\">the lapse of Obamacare credits<\/a> \u2014 but if it did, incomes would decrease even more. <\/p>\n<p>White House spokesperson Kush Desai said that \u201ceconomic forecasters made similar doom-and-gloom predictions during President Trump\u2019s first term, when the very same agenda \u2026 unleashed historic job, wage and economic growth.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"Ninety-nine percent of Americans will see their incomes decrease in 2027 due to the combined effects of Trump\u2019s&hellip;\n","protected":false},"author":2,"featured_media":8067,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-8066","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/8066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=8066"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/8066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/8067"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=8066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=8066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=8066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}