#大而美法案 Trump signed the "Great Beautiful Act" into law on July 4, 2025.
Massive tax cuts, enhanced border security, & military funding passed in the Senate with a 51-50 vote and in the House with a 218-214 vote.
Here are the key points:
Extension of the 2017 tax cuts, elimination of tips and Social Security tax, increase of the SALT tax cap to $40K.
$46.5 billion for the border wall, $45 billion for detention, $14 billion for deportation.
$150 billion for the military, including the "Iron Dome" missile defense.
Medicaid cuts may affect over 10 million people before 2034; $5 billion rural hospital fund.
CBO: Deficit increase of $3.3 trillion over 10 years.