At the White House balcony, talking down to the crowds like a medieval European king, Donald Trump explained that his bill was actually well liked despite what you’ve heard, read, or even thought. Meanwhile, Republican representatives were busy selling stocks tied to Medicaid despite their repeated claims that the new bill would have no effect on Medicaid.
Trump’s mega bill has been criticized for its tax cuts to corporations and wealthy people. These tax cuts are believed to likely cause the government to have a bigger gap between expenditure and the revenue collected — causing more borrowing and a worrying deficit. But for regular Americans who just want to live a dignified life, the main issue seems to be what it will do to healthcare.
Millions are expected to be removed from Medicaid due to the strenuous added paperwork and new minimum work requirements. With such grave concerns, Americans have been participating in poll after poll, and one suggested that 85% of Democrats were against the bill, with even a significant 36% of Republicans also against it. 71% of independents added their voice, also finding the bill unfavorable. Regardless, Trump claimed, “It’s the most popular bill ever signed in the history of our country.”
Trump brazenly lies: "It's the most popular bill ever signed in the history of our country." (Polls show that the bill is actually about 20 points underwater.) pic.twitter.com/5YTog8dZG4
— Aaron Rupar (@atrupar) July 4, 2025
Medicaid is obviously one of the main reasons for the bill’s unpopularity. Trump’s administration has publicly claimed that there will be no effect on it because of the bill — because apparently, they’ll just make Medicaid more brisk. But many experts have expressed worry about how the bill will lead to benefit losses, rural hospital closures, and negative effects on Americans with disabilities.
Lawmakers like Elizabeth Warren have heard these calls and have been sounding the alarm and applying pressure from the top since day one. Sen. Warren, in fact, called out a concerning report that Rep. Robert Bresnahan was selling Centene stock just before the bill passed. When the bill eventually passed, Centene dropped by 43%.
Protecting his stock portfolio while ripping away health care from 17 million Americans.
— Elizabeth Warren (@SenWarren) July 3, 2025
This is Washington at its worst.
We need to ban Congressional stock trading. https://t.co/4Lr5DqcRo1
Centene is a company which, although not perfect, serves as the government’s middleman for handling medical insurance. In a situation where they will have fewer people insured, they will obviously be in a position to earn less money — therefore, the company will be worth less in the stock market. Sen. Warren immediately called for a ban on Congressional stock trading.
As Americans enter a new world where more people, when sick, will struggle even more to keep up with their medical bills, representatives are so cynical and out of touch that they’re still trying to figure out how to weasel a way into the situation they have caused to also make themselves more money.
Trump’s administration is full of people like Rep. Robert Bresnahan; they’re just good at hiding behind culture wars. Bresnahan has been front and center pushing bills about trans women in sports, pretending fairness is all he cares about.
Meanwhile, as Trump stands on his balcony, looking down on the nation and gaslighting people about how the rich deserve even more tax cuts, the congressmen backing him are busy betting on how much they can profit from the economy tanking and healthcare collapsing.
What’s fair about that?
