Senate pushes cruel cuts; the National Consumers League (NCL) says most vulnerable will pay the price

Media Contact: Lisa McDonald, Vice President of Communications, 202-207-2829   

Washington, DC — The National Consumers League (NCL) is disheartened by the Reconciliation Bill narrowly passed by the Senate (51–50), with Vice President Vance casting the deciding vote.  

“This bill is a full-on assault on healthcare, financial protections, and basic fairness for low-income Americans,” says NCL CEO Sally Greenberg.  

If signed into law, it would inflict serious harm on low-income and working-class Americans. This bill would strip millions of hard-working Americans of their health insurance, gut funding for the Consumer Financial Protection Bureau (CFPB), and dismantle key student loan protections.   

“It’s a cruel, backwards bill that prioritizes billionaires over working families.” Greenberg added. “It takes away the tools people need to stay healthy, financially stable, and above water—just to hand more money to the already powerful.” 

Far from promoting fiscal responsibility, the bill punishes everyday Americans by dismantling the programs they rely on, while billionaires and corporate interests walk away richer and less accountable. 

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About the National Consumers League (NCL)        

The National Consumers League, founded in 1899, is America’s pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.