🇺🇸 #OneBigBeautifulBill : the massive bill that is stirring discussions in America
The United States Congress has just approved the OneBigBeautifulBill, a monumental budget law wanted by President Donald Trump. With 887 pages and an estimated impact of over $3.3 trillion on the deficit over the next 10 years, this measure promises to revolutionize the American tax and social system.
📌 What does the law provide?
- Permanent tax cuts for the highest incomes (over $200,000/year), with savings up to $12,500
- Deductions on tips and overtime up to $25,000 for those earning less than $150,000
- Cuts to Medicaid and food subsidies, with new work requirements to access them
- Record investments in defense and border security, including $46.5 billion for the wall with Mexico
- New taxes on immigration, such as $100 for asylum applications
💬 Trump has called it "the most important bill of its kind ever signed" and promised that "it will launch the country like a rocket." But criticisms are plentiful: according to many analysts, the measure favors the rich and penalizes the most vulnerable.
📣 The debate is heated: is it really a turning point for the economy or a hard blow to welfare?