Bearings

What's actually known — not just who's biased.

U.S. Wealth Inequality & the OBBBA

According to ITEP, the $117 billion tax cut going to the top 1% exceeds the combined budgets of Education, Transportation, Justice, State, NASA, EPA, and both NEA and NEH.

reported by one outlet so far · Attributed statement · first recorded Jul 9, 1:30 PM

How each outlet reported it

aol.comUnrated · Jul 9, 12:46 PM

ITEP reports the $117 billion staying with the top 1% exceeds the combined budgets of Education, Transportation, Justice, State, NASA, EPA, and both NEA and NEH

Cites: Institute on Taxation and Economic Policy · Details: $117 billion; top 1%; exceeds 8 department budgets

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