Who profits off policies that harm our communities, and who bears the costs?
Right now, devastating policy choices are fueling an affordability crisis that is pushing millions of American families into increasingly precarious conditions.
A new analysis from Karen Dolan and IPS Henry A. Wallace Fellow Layla Sayed highlights the devastating impacts of the One Big Beautiful Bill Act on children and families, spotlighting the aftermath of funding cuts to Medicaid, SNAP, and antipoverty programs that help millions of families to meet basic needs.
Those cuts funded massive tax breaks for the wealthy, an unprecedented increase for ICE, and an extra outlay for the military that brought total Pentagon spending to $1 trillion. That’s been a boon for Pentagon contractors, the private prison companies that profit off immigration detention, and billionaires.
But it’s been devastating for ordinary families. In a social media video for IPS, Layla shared her own family’s story of relying on SNAP when she was growing up. These cuts “are not just numbers,” she said. “They’re people not being fed.”
Yet these choices are just that — and it’s possible to choose differently. "A different path is possible. Expand investments in families and communities, and we won’t just have to struggle to survive; we can thrive," Layla and Karen urge.
Also this week, we’re proud to announce a new partnership with Bishop William J. Barber II and Repairers of the Breach. We’ll regularly be producing fact sheets for Barber’s Our Moral Moment podcast with Jonathan Wilson-Hartgrove.
For example, one new fact sheet highlights the full costs of the Iran war to U.S. taxpayers — and how that money could be better spent on communities' urgent needs here at home.
Our research found that as of June 27, the Iran war has cost U.S. taxpayers $103 billion. That $103 billion could instead pay for a year of:
- Medicaid for more than 12 million people,
- Head Start for almost 6 million new children, or
- SNAP food assistance to more than 45 million people.
In polls, election results, and demonstrations nationwide, we see people waking up to the reality of these choices by our elected officials and the interests they represent. They’re looking for better answers — and we’re hard at work developing them. Check out our recent democracy agenda report for how we can counter corporate, billionaire, and Pentagon greed to truly invest in our communities.
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