An analysis by Yale University has found that a budget plan being considered by Republican lawmakers would ultimately transfer wealth from the poorest 40 percent of Americans to the richest 1 percent.
Researchers Harris Eppsteiner and John Ricco of Yale's Budget Lab found that the proposed GOP budget whose framework was supported last month in a vote by the House would include $4.5 trillion in tax cuts that would largely benefit the wealthy, along with $1.5 trillion in spending cuts, including to benefits for the public, including the poorest.
