🚨 Elizabeth Warren Slams GOP’s “Billionaire Tax Giveaway”
🔥 Senator Elizabeth Warren is calling out Republicans for planning “giant tax breaks for the richest Americans” — while slashing health care for 14 million people across the U.S.
What’s happening:
🧾 The GOP tax bill just passed a key House committee (26–19 vote, party lines)
💰 Would extend Trump’s 2017 tax cuts — set to expire this year
🎓 Adds new breaks for workers, retirees & private schools
❌ Slashes Biden’s green energy projects to reduce costs
🩺 Medicaid cuts could drop 7.7M people from coverage
⚠️ Adds $4T+ to U.S. debt as debt ceiling crisis looms
🧮 SALT cap still in limbo (Trump wants it back, GOP undecided)
Warren’s take:
“Cutting health care for babies to make a handful of billionaires richer.”
But critics fire back:
> “Letting people keep their money isn’t a giveaway.”
“This is just extending what already exists.”
Why Crypto Cares:
🪙 This is macro market fuel — tax and debt decisions impact rates, inflation & risk appetite
🏦 More debt = more pressure on Fed = more liquidity = possible bullish tailwind for crypto
TL;DR:
U.S. tax wars heat up again — and crypto’s watching the macro smoke signals.
#CryptoNews #BinanceSquare #ElizabethWarren #TrumpTaxPlan #Medicaid