Republicans are touting their 'big beautiful bill' to voters. Here's what the law has actually done
Key Points:
- Republicans at their midterm convention in Dallas are highlighting the "One Big Beautiful Bill," a major legislative package signed by President Trump that includes tax breaks, social service cuts, and increased immigration enforcement.
- The bill extended and expanded Trump-era tax breaks, benefiting millions of taxpayers with larger deductions and credits, though gains have been uneven and skewed toward higher-income earners.
- Significant cuts to federal food aid (SNAP) and healthcare programs include stricter work requirements, resulting in millions losing benefits, with the Congressional Budget Office estimating over $1 trillion in program reductions.
- The package boosted funding for the Pentagon and Homeland Security by $350 billion, supporting defense projects and intensifying immigration enforcement, which has led to record-high immigration arrests.
- The bill is projected to increase the national deficit by $3.4 trillion over ten years, contributing to a $40 trillion U.S. debt milestone amid nearly $2 trillion annual deficits.