US EditionHow Would Trump's 'Big Beautiful Bill' Impact Illinois?
UNITED STATES, JUL 4 – The bill enacts $4.4 trillion in tax cuts and $1 trillion in Medicaid cuts over a decade, reshaping healthcare, education, and energy policies under Republican control.
- Senator Thom Tillis announced his retirement after facing pressure from Donald Trump regarding support for his "Big, Beautiful Bill" that threatens many conservative Republicans, indicating a shift in party loyalty dynamics.
- The "One Big, Beautiful Bill Act" signed by Trump on July 4, 2025, extends tax cuts and is projected to increase the national deficit by $3.4 trillion over the next decade while significantly impacting Medicaid.
- Arizona residents are expected to lose healthcare after the bill cuts $1 trillion from Medicaid, affecting over 2 million people, according to the state's health department.
- The new law will eliminate crucial subsidies for renewable energy, hindering the growth of clean energy technologies in the United States and undermining previous industrial policy efforts, as mentioned by various experts.
73 Articles
73 Articles
Will the tax cuts pay for themselves? : The Indicator from Planet Money
The One Big, Beautiful Bill Act is now law. It's expected to cost the government a pretty penny. The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including extensions of those made in 2017. Trump's advisors argue the tax cuts will pay for themselves. Today on the show, we speak with the guru on that school of thought, Arthur Laffer, and dig into some of those…
Trump demands Republicans be 'absorbed into the Borg' or face purge from the GOP: conservative
Political writer and podcaster Matt K. Lewis, writing for The Kansas City Star, told readers to forget the doomsday predictions about the upcoming damage President Donald Trump's cuts might do and to look at the damage already underway."Trump's ‘Big Beautiful Bill’ has already notched its first major casualty: Sen. Thom Tillis, a North Carolina Republican,” says Lewis, who bids an embittered "goodbye" to one of the few Republicans who could not …
NewsBusters Podcast: Why Must Democrats Accuse the GOP of Mass Murder?
NewsBusters Podcast: Why Must Democrats Accuse the GOP of Mass Murder? On Sunday, ABC featured a Democrat citing an estimate from the "Yale Policy Lab" that Trump's "big beautiful bill" would kill 100,000 people over ten years. Last week, NBC promoted a report claiming 14 million people would die from Trump's cuts to the U.S. Agency for International Development. Reporters hinted that adorable little girls drowned in a Texas flood because of Tr…
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