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26 October
8:13 pm

The one big bad betrayal act was the largest transfer of wealth from the bottom 50% of the American people to the wealthiest 1%

Overstated

John Hickenlooper, at Colorado U.S. Senate General Election Debate (Colorado Sun)

8:13 pm
Why this verdict View evidenceHide evidence
Why we checked itA claim about who gained and lost under the 2025 law; checkable against CBO and other distributional analyses.
What we foundThe core claim that the One Big Beautiful Bill Act represents the largest upward transfer of wealth in U.S. history is widely asserted by multiple credible analysts and think tanks, but the specific framing of 'bottom 50% to wealthiest 1%' is an imprecise characterization of what the evidence actually shows.
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