#OneBigBeautifulBill Signed into Law: A Mixed Bag for Americans

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๐Ÿ‡บ๐Ÿ‡ธ๐ŸŽ‰ 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.

๐Ÿ“ˆ 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.


๐Ÿš€ It also allocates $85 million to relocate the Space Shuttle Discovery and introduces work requirements for Medicaid, aiming to cut deficits by $2 trillion.


๐ŸŒ However, critics highlight potential drawbacks: Medicaid cuts could impact millions, and the $70 billion cost, per some estimates, may widen deficits through borrowing.


๐Ÿ’กSupporters 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