No Matter How You Look at It, the Big Beautiful Bill is a Monstrosity
Here are three views of the bill's horrific distributional consequences.
Congress passed a bill yesterday that would give bankruptcy judges the limited ability to "cram down" or rewrite mortgages for borrowers about to lose everything. The bill will now move to the Senate.
It's a good start, but doesn't go far enough.
The bill was watered down to appease a group of conservative Democrats