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July 12, 2025 14 mins

Trump's "Big, Beautiful Bill" (887 pages) passed Congress (218-214 in the House, 51-50 in the Senate) and was signed. It permanently extends most 2017 tax cuts, mainly benefiting the wealthy. It adds $3.3-$ 3.4 trillion to the deficit. Financed by steep cuts to Medicaid (~12M lose coverage) and SNAP via work requirements/eligibility checks. It also includes new tip/senior/SALT ($40,000 cap) deductions, cuts clean energy, boosts border and ICE funding, and raises the debt ceiling by $5 trillion.

Read the Full Blog Article: Trump's Big Beautiful Bill: A Comprehensive Guide

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