#OneBigBeautifulBill
Trump Signs 'Big, Beautiful Bill' Into Law ๐บ๐ธ๐๏ธ
On July 5, 2025, President Trump signed the "One Big Beautiful Bill" at the White House, fulfilling promises of tax cuts, military spending boosts, and border security. He proclaimed, โAmerica is winning like never before.โ ๐บ๐ธ
๐ Whatโs Inside the Bill?
$4.5 trillion in tax cuts (making Trumpโs tax rates permanent)
$350 billion for border security (including the US-Mexico wall and migrant detention)
New $6,000 tax deductions for seniors earning below $75K
Increase in child tax credit to $2,200
Medicaid and food assistance cuts for low-income individuals (potential loss of coverage for 17M) ๐จ
๐ก New Initiatives
Trump Accounts for children with $1,000 from the Treasury ๐ฐ
$25 billion for the Golden Dome missile system ๐ก๏ธ
$200 tax on gun silencers and shotguns removed ๐ซ
๐ Space & Science
Billions allocated to Artemis and Mars missions ๐๐
Critics fear the bill will worsen inequality, while Republicans praise it as a step toward economic growth. The bill will add $3.3 trillion to the federal deficit over the next decade.
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