#OneBigBeautifulBill The One Big Beautiful Bill Act of 2025 is a sweeping U.S. legislative package signed into law by President Donald Trump on July 4, 2025. It’s a budget reconciliation bill that touches nearly every corner of federal policy—from taxes and immigration to education, defense, and healthcare.
Here’s a breakdown of its key highlights:
💰 Tax Cuts & Economic Impact
- Makes Trump’s 2017 tax cuts permanent, including lower individual and corporate tax rates
- Introduces new deductions for seniors, tipped workers, and overtime pay
- Expands the 529 education savings plans to cover K–12 materials, workforce training, and more
- Estimated to boost GDP by 1.2% and raise long-term investment by over 7%
🧾 Student Loans & Education
- Eliminates deferment options for future student loan borrowers starting July 2027
- Reforms income-driven repayment plans and limits PLUS loans for graduate students
🛂 Immigration & Visa Fees
- Introduces a $250 “Visa Integrity Fee” for most non-immigrant U.S. visas, including B-1/B-2, F, H-1B, and J categories
🚨 Defense & Homeland Security
- Allocates $25 billion to the U.S. Coast Guard, the largest investment in its history
- Funds new icebreakers, cutters, helicopters, and surveillance systems
🏥 Healthcare & SNAP
- Tightens Medicaid eligibility and work requirements
- Overhauls SNAP (food stamps) by increasing work requirements and reducing state exemptions
📉 Fiscal Impact
- Adds $3 trillion to the deficit over 10 years, though proponents argue growth will offset much of it
- Debt-to-GDP ratio projected to rise from 117% to 126.7% by 2034
It’s been called “historic” by supporters and “controversial” by critics, with wide-ranging implications for American households, businesses, and government programs. Want to dive deeper into any specific part—like crypto implications, education reforms, or tax strategies?
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