Historic Medicaid & SNAP Cuts Could Tank Already Faltering U.S. Economy, w/ Prof. Richard Wolff

Historic Medicaid & SNAP Cuts Could Tank Already Faltering U.S. Economy, w/ Prof. Richard Wolff

Are enormous cuts to Medicaid and food stamps coming? The House of Representatives has passed a bill that would make historically large cuts to both programs, which will result in millions losing access to health insurance and food stamps, now known as SNAP. These cuts will also effectively slash subsidies to retailers, farmers, food producers, and the health care industry—while the economy is already floundering from tariffs, as shown by a new financial forecast from the OECD.

Nicole Roussell and Prof. Richard Wolff discuss the horrendous effects this will have on people, the economy, and our society, and what could stop them from happening.

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

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