Alliance Webinar Draws Attention to How Republicans’ “One Big Beautiful Bill” Will Hurt Older Americans

On Thursday, the Alliance hosted a special educational Zoom webinar entitled “The Ugly Truth About the ‘One Big Beautiful Bill,’” outlining the harms created by the Republican budget bill and next steps for fighting back.

The bill gives more than $4 trillion in tax cuts to the wealthiest Americans while increasing the federal deficit by more than $3 trillion, triggering automatic cuts of $490 billion from Medicare over the next ten years, weakening Medicare’s ability to negotiate lower drug prices, gutting food assistance, and creating millions of job losses in the health care, agriculture, and clean energy manufacturing industries. It will also enact the largest Medicaid cut in history, endangering nursing home care, rural hospitals, and home and community based services like Meals on Wheels and senior centers.

“We need to continue to reach out and lobby and let people know what’s going on and how all these cuts are going to impact Americans,” said David Simon, Legislative Representative for the Alliance. “Statistics show that only 30 to 40 percent are even aware of this bill, so it’s really important to go out and contact members of the media and Congress and make sure that people know what’s happening.”

Click here to watch the recording.

This was originally published in the August 1, 2025 edition of the Friday Alert. Read the full length version and see other Friday Alert editions here.

The post Alliance Webinar Draws Attention to How Republicans’ “One Big Beautiful Bill” Will Hurt Older Americans appeared first on Retired Americans.

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