Trump's 'Big Beautiful Bill' includes widespread tax cuts, extending the 2017 tax cuts and introducing new incentives. A total of $4.5 trillion in tax reductions is projected over a decade, with varying impacts on households. Social safety net programs face cuts, requiring Medicaid beneficiaries to work and imposing new restrictions on noncitizens. Border security receives substantial funding, including $46 billion for a border wall. The bill is estimated to increase federal debt significantly, with a shift in budget priorities toward security and tax reductions.
Middle-income households would see tax cuts of $500-$1,500 per year, while the wealthiest benefit most; lowest-income households could see losses of up to $1,600 annually.
$350 billion allocated for border and national security, including:$46 billion for the U.S.-Mexico border wall. $45 billion for 100,000 migrant detention beds.
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