#OneBigBeautifulBill The One Big Beautiful Bill Act of 2025 is a proposed legislation that has sparked intense debate due to its potential impact on the US economy and national debt. Here's what we know so far¹ ² ³:
- *Key Provisions:*
- Extends Trump-era tax cuts, potentially adding $2.4 trillion to the national debt over the next decade
- Includes $1.3 trillion in spending cuts, such as reductions to social programs and regulatory agencies
- Increases defense and border-security spending
- Introduces expanded business incentives
- Cuts Medicaid and food assistance programs, with estimated savings of $+1.6 trillion in mandatory spending