Opinion— We must counter Trump's 'big, beautiful bill' - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
July 31, 2025 Newswires
Share
Share
Post
Email

Opinion— We must counter Trump's 'big, beautiful bill'

Lew Finfer, Special to the ReporterThe Dorchester Reporter

On July 3, the Republicans in Congress passed President Trump's bill that literally provides trillions in tax cuts to the wealthy and to big corporations. Trump calls it a "big, beautiful bill"; I call it a "Reverse Robin Hood bill" that robs from the poor to give to the rich.

The money comes from cutting and gutting the Medicaid health program for poor families, the disabled, and the elderly, which is called Mass Health here. Over time, an estimated 17 million people nationwide and hundreds of thousands in Massachusetts will lose their health as a result of cuts to Medicaid and to Affordable Care Act health insurance subsidies.

One in three Massachusetts residents is on the Medicaid rolls.

Trump's bill also cuts SNAP food stamps that help one in six Massachusetts residents who are poor, working poor, and in parts of the working class pay for groceries. An estimated 175,000 here will lose all or parts of those benefits. These cuts will lead to trims in the state budget because federal dollars help to fund those programs.

The "Reverse Robin Hood bill" will also fund the deportation of millions of undocumented immigrants. As they say, the list goes on, and on, and on.

It didn't matter to Trump or the Congressional Republicans that polls showed large majorities were opposed to the bill. Those Republicans have slight majorities in the House and Senate, so they can ram through a bill. When Trump commanded them to get it passed by July 4, they obeyed.

In addition to signing his bill for the benefit of the wealthy and the large corporations, the president is refusing to spend funding passed by Congress even though that's illegal. There's also his elimination of the Agency for International Development's (USAID), which has long administered life-saving humanitarian programs around the world, and his cancelling of hundreds of grants for researching cures to cancer, Alzheimer's, other infectious diseases, and public health emergencies.

We know some of us feel that this is the worst time politically that we've ever lived through, and others think that it's the worst time ever our country, and it may be. Those who support President Trump clearly believe the opposite.

In her poignant book, "A Republic of Suffering," the historian Drew Faust has written about the mourning for the 600,000 dead from the Civil War. She invoked the legacy of that war, by which our union of states prevented the South from forming a new country that might have had slavery forever, writing:

"We are not being asked not to charge into a hail of Minié balls [bullets] and artillery fire but only to speak up and to stand up in the face of foundational threats to the principles for which they gave the last full measure of devotion. We have been entrusted with their legacy. Can we trust ourselves to uphold it?"

We so need to step up. In practical terms, this means donations to candidates and to organizations fighting for our values. Stepping up includes attending a demonstration. It means writing letters, volunteering for phone banks, and volunteering to go door to door in the key districts for the 2026 and 2028 elections.

It also means asking others to join you in stepping up. There's nothing radical about trying to save your country and upholding the legacy of liberty and justice for all.

Lew Finfer is a Dorchester resident.

Older

A Federal Reserve–induced depression!

Newer

Indiana Chamber of Commerce dropping Anthem from small business health plan

Advisor News

  • Semi-retirement: helping clients balance flexibility with financial security
  • The 6X Formula for leveraging content marketing with AI
  • When a home becomes difficult to insure, the plan changes
  • The inheritance gap: Helping clients plan for money that hasn’t arrived
  • After the midterms: Addressing your clients’ tax concerns
More Advisor News

Annuity News

  • Athene CEO criticizes offshore reinsurance, risk-taking by competitors
  • DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
  • John Hancock launches new fixed indexed annuity suite
  • Annuities to play a larger role in workplace retirement plans
  • FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity News

Health/Employee Benefits News

  • Data on Managed Care Described by Researchers at Johns Hopkins University (Locating the Gender Payment Gap Among Recent Cardiothoracic Surgery Graduates: A Bottom-up Analysis of Medicare Payments): Managed Care
  • Medicare Advantage stays in Coos, Carroll counties after Ayotte recruits insurer
  • iA Financial Group Increases Core ROE†† Target¹ to 18.5%+ in 2028
  • Franklin County Hiring Juvenile Probation Officer
  • 'That's Annoying': Incoming Dem Rep Pans 'Terrible' Obamacare Plans Offered to Members of Congress
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Fubon Insurance Vietnam Co., Ltd.
  • Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
  • Military Briefs: November 12-18
  • Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
  • FHLBank Pittsburgh Announces Results in 2026 Board Election
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Insurvoice Lets Independent Insurance Agency Owners Analyze Every Customer Call in ChatGPT or Claude
  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.