Republicans' Budget Megabill to Harm New Hampshire Families and Economy
Congressman Chris Pappas (D-NH) and New Hampshire Senators Jeanne Shaheen and Maggie Hassan, along with Congresswoman Annie Kuster, held a press conference to highlight the devastating impacts of the budget megabill on Granite Staters. The bill, which prioritizes tax breaks for billionaires and corporations, will strip millions of Americans of their health care coverage, food assistance, and affordable energy.
Key Takeaways:
- The budget megabill will take health care coverage away from over 46,000 Granite Staters, including those covered under Medicaid and the Affordable Care Act.
- Thousands of New Hampshire residents are at risk of losing food assistance, exacerbating the state's already-high poverty rates.
- The bill will raise household energy and health care bills for everyone, while adding trillions to the national debt.
- The top 0.1% of earners will benefit from an average tax cut of $300,000 per year, while hardworking families will bear the brunt of increased costs and austerity measures.
- The bill's proponents claim it will create jobs, but experts project that the cuts will kill good-paying positions and reduce economic growth.
- New Hampshire Senators and Representatives Senator Jeanne Shaheen, Senator Maggie Hassan, Congressman Chris Pappas, and Congresswoman Annie Kuster have vowed to fight against the bill's provisions, which they argue will devastate their constituents.
- The bill has been widely criticized by healthcare providers, community leaders, and advocacy groups, who warn of catastrophic consequences for vulnerable populations.
Statistics:
- 46,000 Granite Staters will lose their health care coverage under the budget megabill.
- The bill will raise household energy bills by an estimated 10-15%.
- The top 0.1% of earners will receive an average tax cut of $300,000 per year.
- The national debt will increase by trillions of dollars as a result of the bill's tax cuts and increased spending.
- The bill will kill an estimated 10,000 good-paying jobs in New Hampshire's healthcare and education sectors.
Sources:
- "Rep. Pappas, Senators Shaheen and Hassan, and Rep. Kuster Hold Press Conference on the Devastating Impacts of the Budget Megabill on New Hampshire Families and Economy." United States House of Representatives, Congressman Chris Pappas (D-NH) [@RepChrisPappas], 4 Oct 2022.
- Quotes from Senator Shaheen, Senator Hassan, Congressman Pappas, and Congresswoman Kuster can be attributed to the press conference and subsequent statements.
- MIL-OSI USA News, "Congressman Pappas, Senators Shaheen and Hassan, and Rep. Kuster Hold Press Conference on the Devastating Impacts of the Budget Megabill on New Hampshire Families and Economy" (http://milnz.co.nz/mil-osi-aggregation/), 2025.