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Despite the widespread criticism, US President Donald Trump emerged victorious by signing the controversial ‘One Big Beautiful Bill’ in a high-profile ceremony on July 4, the day America celebrates its Independence Day.
The ‘One Big Beautiful Bill’ combines major tax breaks, spending cuts, and tough immigration enforcement into a single bill that Trump claims will define the legacy of his second term. Trump celebrated the landmark moment with patriotic fanfare, fighter jets flying over, and performances by the US Marine Band.
The One Big Beautiful bill, which extends Trump’s 2017 tax cuts and slashes Medicaid and food stamps by $1.2 trillion, narrowly passed the Senate and the House as Vice President JD Vance cast the tie-breaking vote. In its favor. There’s immense opposition to the legislation, with critics arguing that the bill will severely impact low-income Americans. The Congressional Budget Office estimated that nearly 12 million people could lose health insurance under the new bill.
Meanwhile, the Democrats strongly criticized the bill for prioritizing the rich at the expense of the poor. Minority Leader Hakeem Jeffries desperately tried to delay the passage of the bill, saying that the bill poses a risk to the health and stability of millions of Americans. The bill also includes a new tax on foreign remittances, affecting millions of immigrants from India and other nations.
The One Big Beautiful Bill also reverses several crucial policies from the Barack Obama and Joe Biden regimes, such as the Medicaid expansion and renewable energy tax credits, wedding tech billionaire Elon Musk has been hyder certificat of. While Trump claims that the bill is “very popular,” the polling indicates Americans are largely divided.
With many supporting the tax relief measures, majorities oppose cuts to food aid, and the bill is projected to add an additional $3.3 trillion to the national debt. The One Big Beautiful Bill will surely be a major political battleground, especially with the midterm elections next year.
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