WorldNorth AmericaGovernment debtPrint articleOpinion‘Rob the poor to pay the rich’: Trump’s big, beautiful act of self-harmMany Republicans could lose their seats in Congress as a result of the president’s “reverse Robin Hood” budget. The economics are terrible for everyone.Edward LuceColumnistUpdated Jul 2, 2025 – 8.25am, first published at 8.04amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginTwo cheers for Thom Tillis. The North Carolina Republican voted against Donald Trump’s “big beautiful bill”, then said he was quitting politics.Like a bee, the outgoing senator stung once, then died.Loading...Financial TimesEdward Luce is the Washington columnist and commentator for the Financial Times. He writes about American politics and the economy.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreGovernment debtOpinionTrump's AmericaUSAGlobal economyInternational affairsUS politicsUS electionLatest In North AmericaFetching latest articlesMost Viewed In WorldThe Australian Financial Review MagazineWhat OpenAI’s Sam Altman suggests you do to keep your jobPaul SmithThis Australian watch reseller is making its move on London and NYCMonica Lewinsky might be the most influential feminist in 30 yearsBOSS Financial ReviewThe 3 traits that stand out among this year’s BOSS Young ExecutivesSally PattenHow this elite child gymnast leapt to the top of SportsbetWhat 18-hour days on a farm taught this NAB exec about bankingLife & LeisureThe secret to Oroton’s $123m turnaround successJessica BeresfordMaison Balzac glassware and bendy candlesticks to light up your homeStep inside this modernist penthouse with 360-degree viewsRich ListThree decades of PMs, fashion icons and the odd person headed for jailBrook TurnerFortescue near settlement with US tycoon after energy deal bust-upAustralia’s 50 Richest Bosses revealed