Corporate Lobby Groups Backed Safety-Net Cuts Affecting Low-Wage Employees
Industry groups representing major low-wage employers praised tax cuts in the 2025 One Big Beautiful Bill Act while remaining largely silent on $1 trillion in Medicaid cuts and $186 billion in SNAP reductions over a decade, according to the Institute for Policy Studies' Executive Excess 2026 report. The report found that corporations including Walmart (16,000 employees on Medicaid in six states) and Kroger (2,800 on Medicaid) did not publicly oppose cuts to programs their own workforces depend on. The National Retail Federation was the only major industry group to mention the safety-net cuts, praising them for reducing fraud.
State Medicaid agencies face reduced federal funding while managing enrollment for thousands of low-wage retail and service workers whose employers did not oppose the cuts affecting them.
Finance
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