Trump's Federal Budget: A Looming Threat to Opportunities for Black Workers

The House has recently approved an extensive budget plan under Trump aimed at slashing trillions in taxes for the ultra-wealthy, simultaneously dismantling crucial programs such as Medicaid and SNAP for working Americans. Now headed to the Senate, critics decry this initiative as a substantial wealth redistribution favoring the affluent, perpetuating racial economic disparities. Notably, it proposes abolishing the estate tax for ultra-wealthy households, which currently applies to only 0.1 percent of estates. As Black families possess under 5 percent of U.S. wealth, this repeal would exacerbate inequalities, offering minimal benefit to the vast majority. Furthermore, vital public sector jobs—especially instrumental for Black economic advancement—are poised for cuts. Experts argue that reversing these damaging policies is essential for promoting equality and supporting public service jobs.