#OneBigBeautifulBill

Hashtag #OneBigBeautifulBill refers to a massive law signed by President Trump on July 4, 2025, officially known as the One Big Beautiful Bill Act (investopedia.com). This legislation is comprehensive, making the 2017 tax cuts permanent, offering new deductions on overtime pay, tips, and benefits, and is known as the largest tax cut in American history. In return, it imposes massive cuts to healthcare programs such as Medicaid and SNAP, threatening to remove millions from medical coverage (americanprogress.org). Estimates suggest it will increase the federal deficit by $2.8–3.4 trillion over the next ten years. Its supporters claim it will allow for economic prosperity amid a democratic growth of the middle class and increasing wages, while its opponents warn of its social and financial impacts.

investopedia.com

indiatimes.com

thedailybeast.com