Expert warns HR 1 could shrink state revenues and raise costs for SNAP and Medicaid in Vermont At a Ways & Means informational session, Wesley Tharp of the Center on Budget and Policy Priorities told legislators HR 1's tax cuts largely favor high earners and will shift costs to states through SNAP and Medicaid changes; he urged Vermont to protect revenues, consider targeted revenue-raising and use savings for one-time startup costs.

Federal tax cuts in HR 1 could mean massive savings for the wealthy while Vermont’s neediest families face rising costs and reduced services—are we ready for the impact?

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