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An Open Letter

To: Rep. Nunn, Sen. Grassley, Sen. Ernst

From: A constituent in West Des Moines, IA

June 16

6/16/2025 I believe Trump’s “Big Beautiful Bill” would create the largest transfer of wealth directly to the extremely rich in recent history. The impact of this bill is unacceptable! • The CBO determined the bottom decile of Americans by income would lose about $1600; the top 10 decile would gain more than $12,000 • The debt would balloon to 134% of GDP by 2034 • 11 Million people would be removed from Medicaid • 5 Million removed from the Affordable Care Act exchanges • SNAP would be reduced by more than $700M • 4.5 million children would lose eligibility for the Child Tax Credit • Reductions in energy credits and subsidies would send energy costs soaring, particularly in red states. • TPS holders or asylum seekers (legal immigrants) would be removed from benefits they have paid in to • Hospitals dependent on Medicaid reimbursement would go under. This will have a greater impact in rural areas in Red states • Yale and the University of Pennsylvania estimate an additional 51,000 Americans would die each year. • Governments increased borrowing costs according to the Washington Post would be crushing “A 1 percent increase in the ratio would amount to extra annual interest costs of $60 for car loans, $600 on the typical mortgage and $1,000 for small business loans after five years, the Budget Lab found. After 30 years, the premium is even higher — adding $2,300 per year to the typical mortgage, for example.” • President Donald Trump's FY26 budget proposal includes a 43% cut in federal rental assistance, per the National Low Income Housing Coalition. I am urging you to veto both the reconciliation bill and the rescissions bill or any new laws that include drastic cuts to Medicare and/or SNAP and/or increases our countries’ debt by such a large increase. Thank you.

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