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If Trump signs his big bill into law, America could end up with a social safety net that ‘barely functions’
  • Finance Expert

If Trump signs his big bill into law, America could end up with a social safety net that ‘barely functions’

  • July 1, 2025
  • Roubens Andy King
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America’s social safety net is poised to become thinner if the Republicans’ massive tax and spending bill crosses the finish line, at a time when low-income consumers are struggling and recession fears linger.

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Federal Reserve chair blames Trump’s tariffs for preventing interest rate cuts | US news
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