Georgia Budget and Policy Institute: The House-Passed Reconciliation Bill Would Significantly Increase National Debt, Primarily Benefitting Top Earners, While Cutting Health Care and Food Assistance

Overall, the budget reconciliation legislation would reduce federal taxes for Georgians by $16.6 billion annually. However, 69% of these savings ($11.5 billion) are directed to the highest-earning 20% of Georgia households, or those making over $153,100 per year.

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