Elon Musk and the Trump administration have cut cancer research funding by 31% in the first three months of 2025 compared to the same period in 2024. And it wants to cut NASA's funding by 24% for the upcoming fiscal year. The proposed cut to NASA's science programs, which includes its planetary defense work, is even deeper at 47%. They also want to cancel the successor to the aging Hubble telescope (which is more sensitive and has a 100 times wider view), the Nancy Grace Roman Space Telescope , even though it's completed and just needs to be launched. And Trump intends to cancel the Mars sample return mission too.
Trump wants to cut the funding for the National Science Foundation by 55%, the US Geological Survey by 35%, the National Oceanic And Atmospheric Administration (the weather bureau) by 24%, the Energy Department by 14%, and the National Institute of Health by 40%.
Trump says he needs those cuts to science because he wants to INCREASE spending on defense by 13% to 1.01 trillion from its current paltry 892.6 billion.
And if Trump's "Big Beautiful Bill" passes then households that make between $51,000 and $17,000 will have to pay on average about $700 more on taxes during the next year, and that amount will increase over time. People reporting less than $17,000 in income would see their after-tax incomes decrease by about $1,035 in 2026, primarily due to reductions in government benefits such as Medicaid and food assistance.
By contrast, the top 0.1%, those with incomes over $4.3 million, would GAIN on average more than $389,000 in after-tax income in 2026. Trump also feels that the country would be better off if we had more people that were super rich because they chose their parents carefully, so he wants to drastically decrease the inheritance tax so the US could have a hereditary upper class.
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