Heather Cox Richardson: "racism has always gone hand in hand with the concentration of wealth"

[erronis]

https://heathercoxrichardson.substack.com/p/may-22-2025

Just before 7:00 this morning, the House of Representatives passed the Republicans’ megabill by a vote of 215 to 214. All Democrats voted no. Two Republicans, Thomas Massie of Kentucky and Warren Davidson of Ohio, joined the Democrats in voting no. Chair of the far-right House Freedom Caucus Andy Harris of Maryland voted “present.” The measure now advances to the Senate.

The nonpartisan Congressional Budget Office says the bill cuts at least $715 billion in healthcare spending, mostly from Medicaid, and $300 billion from the Supplemental Nutrition Assistance Program, causing more than 2.7 million American households to lose benefits. Because the massive debt increase in the measure triggers a 2010 law requiring offsets, it will cut Medicare, as well, by an estimated $500 billion.

Economist Robert Reich points out that Americans making between about $17,000 and $51,000 will lose about $700 a year. On average, Americans with incomes of less than $17,000 will lose more than $1,000 a year. But if you are among the top 0.1% of earners, you’re in luck: you’ll gain nearly $390,000 a year.

The measure roughly doubles the current annual budgets of Customs and Border Protection and Immigration and Customs Enforcement (ICE) in what Aaron Reichlin-Melnick of the American Immigration Council notes is “the single biggest increase in funding to immigration enforcement in the history of the United States.” It increases ICE’s detention budget from $3.4 billion a year to $45 billion through September 2029, a staggering 365% increase on an annual basis that would permit ICE to detain at least 100,000 people at a time.

. . .

This bill highlights a truism: In the United States, racism has always gone hand in hand with the concentration of wealth among the very richest people.

. . .