Former Treasury Secretary and Obama National Economic Council Director Larry Summers criticized Republicans’ One Big Beautiful Bill Act that President Donald Trump signed into law last week.
Summers, who served as treasury secretary from 1999 to 2001 and former President Barack Obama’s top economic adviser from 2009 to 2010, said the bill made him “embarrassed for my country.” He noted that the Neil Budget Lab, a nonpartisan policy research center at Yale University, estimated that the bill will cause the death of 10,000 people in 10 years, calling it “2,000 days of death.”
“These higher interest rates, these cutbacks and subsidies to electricity, these reductions in the availability of housing, the fact that hospitals are going to have to take care of these people and pass
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