The nonpartisan Congressional Budget Office (CBO) has released an analysis of President Donald Trump's recently enacted tax and spending legislation, commonly referred to as the "Big Ugly Law" or "Big Beautiful Bill." The CBO report indicates that the law will result in a substantial transfer of wealth from the poorest 10% of American households to the richest 10%. Specifically, the poorest Americans are projected to lose approximately $1,200 in annual income due to cuts in government programs such as Medicaid and food assistance, while the wealthiest Americans stand to gain an average of $13,600 per year through tax breaks. The legislation is also expected to add $4 trillion to the national debt. Furthermore, the CBO warns that the resulting federal budget deficits could trigger automatic cuts to Medicare amounting to about $500 billion over the next decade if Congress does not intervene. This analysis has drawn criticism from Democratic lawmakers who argue that the law disproportionately benefits billionaires and wealthy donors at the expense of working families and vulnerable populations, including millions who may lose healthcare coverage. The CBO's findings underscore concerns about the fiscal and social impact of the legislation on income inequality and public health programs.