#OneBigBeautifulBill On July 4, 2025, President Donald Trump signed into law the sweeping “One Big Beautiful Bill”, a 900-page legislative package that reshapes America’s economic and social landscape. Touted as a cornerstone of Trump’s second-term agenda, the bill combines permanent tax cuts, expanded deductions, and deep reductions in social safety nets.

Key highlights include a 1% tax on remittances sent abroad, impacting millions of immigrants, including the Indian diaspora in the U.S.. The bill also locks in 2017 tax reforms, raises the SALT deduction cap, and introduces new deductions for tips, overtime, and car loan interest—though many of these expire by 2028.

To offset revenue losses, the legislation enforces stricter Medicaid and SNAP eligibility, potentially affecting over 11 million Americans. It also allocates $170 billion to immigration enforcement and boosts defense spending by $150 billion.

Supporters hail it as a pro-growth, pro-worker reform; critics argue it disproportionately burdens low-income Americans. Either way, the “One Big Beautiful Bill” is poised to leave a lasting imprint on U.S. policy and politics.

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