The Big Beautiful Bill
What is the Big Beautiful Bill?
Let's break it down
The Big Beautiful Bill is a huge tax-and-spending package that permanently extends Trump-era tax cuts, cuts funding for programs like Medicaid and SNAP, and ends clean-energy credits, while boosting defense and border spending.
Key Provisions:
- •Makes Trump's 2017 tax cuts permanent, including new savings on tips, overtime, and state/local taxes
- •Cuts Medicaid by about 18%, potentially affecting healthcare coverage for around 12 million people
- •Reduces SNAP food assistance by ~20% while also adding stricter eligibility requirements
- •Ends clean energy tax credits, targeting solar and wind incentives
- •Allocates roughly $150 billion to defense and $175 billion to border enforcement and ICE
- •Raises the federal deficit by about $3.3 trillion over the next decade
The debate:
- • Supporters say it creates jobs and fixes needed problems
- • Critics worry about the high cost and government spending
- • Some question how it will be paid for
- • Others debate what should be included
Note: This is an educational overview. The bill's details, funding, and status may change as it moves through Congress. This information is current as of 2024.
What people are saying
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Key Coverage
Elon Musk and Most Taxpayers Don't Like What's in Trump's 'Big Beautiful Bill'
Major tax overhaul extending 2017 cuts, slashing safety net programs, disproportionately benefits wealthy; critics include Elon Musk and some GOP senators. CBO estimates a $3.3T deficit increase over 10 years.
Read full articleWhat Trump's massive bill would actually do, explained
Explains permanent tax cuts for wealthy, major Medicaid (~18%) and SNAP (~20%) reductions, clean-energy credit rollbacks, increased spending on border and defense, and $3T+ debt growth.
Read full articleDemocrats to focus on unpopular GOP cuts in bid to take back the House
Highlights public opposition—with over 17 million potentially losing health insurance—and how Democrats plan to leverage backlash ahead of 2026 midterms.
Read full articleBig Beautiful Bill Will Devastate Public Schools
Critics warn that voucher tax breaks would divert resources from public schools, worsening inequality and leaving vulnerable students behind.
Read full articleThese articles represent a range of perspectives on the Big Beautiful Bill from major news sources.
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Frequently Asked Questions
Have more questions? Check out the key coverage section below for detailed analysis.
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