#OneBigBeautifulBill
🇺🇸 One Big Beautiful Bill signed!
On July 4, Donald Trump approved the largest bill in years at over $900 billion.
🔹 Tax benefits extended
🔹 Taxes on tips and overtime abolished
🔹 Deductions for car loans increased
🔹 $100 billion for immigration, $25 billion for defense
But there is a downside:
⚠️ Medicaid and social assistance programs cut
⚠️ CBO predicts deficit increase of $2.8 trillion by 2034
⚠️ Up to 11 million Americans may lose insurance
📊 The law is already being called a “gift for businesses and a blow to the poor.”
Political effect — powerful. Social? A matter of time.
We are monitoring the consequences. It will be intense.