#OneBigBeautifulBill Signed into Law: A Mixed Bag for Americans

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🇺🇸🎉 President Donald Trump signed the One Big Beautiful Bill (OBBB) into law on July 04, 2025, during a Fourth of July celebration, marking a major legislative victory.

📈 The bill, passed by Congress, extends 2017 Tax Cuts and Jobs Act provisions, offering permanent tax relief, including no tax on tips and overtime, and boosts for small businesses.

🚀 It also allocates $85 million to relocate the Space Shuttle Discovery and introduces work requirements for Medicaid, aiming to cut deficits by $2 trillion.

🌐 However, critics highlight potential drawbacks: Medicaid cuts could impact millions, and the $70 billion cost, per some estimates, may widen deficits through borrowing.

💡Supporters praise job creation, while opponents warn of healthcare access risks and rural hospital closures. Is this a bold economic reset or a flawed gamble?

#TaxCuts #USPolicy