#OneBigBeautifulBill President Trump has reportedly officially signed the 'One Big Beautiful Bill' into law.
With the 'One Big Beautiful Bill' now in law, immediate tax cuts (e.g., no taxes on tips, overtime, Social Security) will boost take-home pay for many, and increase defense and border funding. Over the next decade, Medicaid cuts could cost 12 million people coverage, adding $3.3T to the deficit. While supporters are expecting economic growth claims, they are also expected to face criticism in favor of the wealthy and legal challenges from opponents.
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