CBO says Trump megabill would cut resources for poor, help rich
A new analysis from the bipartisan Congressional Budget Office released Thursday shows the House-passed Trump megabill would reduce “resources” of the poorest U.S. households by about $1,600 per year while households in the top 10% would see gains of about $12,000 per year.
Overall, the megabill would benefit high-earners most but reduce financial resources to lowest-income households.

In addition, the lowest-earning 10% would see a 3.9% income cut while the highest-earning 10% would get a 2.3% income boost.
-ABC News’ Lauren Peller





