Trump's spending bill 'going to hurt' U.S. economy 'for decades to come': Dem lawmaker

Bill Impact & Political Analysis - The bill is expected to pass, but is anticipated to become increasingly unpopular as its implications become clearer [2] - The bill is projected to negatively impact families across the country, including those in New Jersey [2] - The bill is estimated to increase energy bills by at least $110 per year due to its impact on energy supply [3] - A Fox News poll indicates that nearly 60% of Americans disapprove of the bill [10] - The bill is viewed as a political liability, potentially impacting the 2024 election [10][15] Economic & Fiscal Concerns - The bill is projected to add $33 trillion (3300 billion) to the national debt [4] - Moody's has downgraded the country's finances due to the bill's perceived fiscal irresponsibility [4] - Republican congressmen lament the national debt, which the bill fails to address [5] - The bill is criticized for worsening the country's fiscal problems instead of addressing them [7] Social Impact - The bill is expected to negatively impact healthcare, potentially gutting Medicaid and taking healthcare away from 12 million Americans [3] - Concerns are raised about seniors being kicked out of nursing homes and children losing healthcare [3] - The bill is criticized for potentially taking food away from hungry children and families [3] - The bill is expected to cost the average family in New Jersey $3300 [9]