🧩 What Is It?

#OneBigBeautifulBill

A 900+ page mega‑bill, officially named the One Big Beautiful Bill Act, part of Trump’s second‑term agenda, passed via reconciliation to avoid filibuster

It permanently extends many 2017 tax cuts—like individual tax brackets and standard deductions—and introduces new perks like deductions for tips, overtime, and U.S.‑made auto loans.


āœ… Claimed Benefits & Support

Marketed as a pro-small business, pro-middle-class package: boosts small biz deductions, modernizes expensing rules, and adds benefits like MAGA accounts and expanded child tax credits through 2028.

Endorsed by industry groups (Business Roundtable, SBE Council, Job Creators Network), energy producers, and many Republicans—praised as an economic explosion package.


āš ļø Criticisms & Risks

Massive cuts to Medicaid, Medicare, SNAP, and regulatory rollbacks—estimated to cause 10–12 million Americans to lose health coverage and thousands of premature deaths annually.

Projected to add $2.8–3.4 trillion to the national deficit over a decade, triggering warnings from the CBO and Moody’s downgrade .

Sharp backlash from Democrats, health experts, rural advocates, celebrities (Milano, Longoria, Ruffalo, etc.), and some Republicans—criticizing it as ā€œreverse Robin Hood,ā€ ā€œone big ugly bill,ā€ and even deadly for poor and rural Americans.


🌐 Political & Social Context

Passed on razor-thin margins: Senate 51–50 (VP Vance broke tie), House just 218–214.
Branded as a ā€œbeautifulā€ bill but heavily criticized across the political spectrum. Raises questions about the rule of reconciliation, GOP unity under Trump, and the trade-off between tax relief and social safety nets .


Promoted by the White House with lo‑fi cartoons on social media—an unconventional PR move generating public buzz

#BinanceSquareFamily #Skill2Cash