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Trump Skips Anniversary of Big Beautiful Bill
One year after President Donald Trump signed the One Big Beautiful Bill Act, the legislation faces mounting criticism over safety-net cuts, challenging its status as a signature legislative achievement.
While the law, known as OBBBA, provides tax cuts for about 85% of filers, it slashes roughly $1.2 trillion from Medicaid and nearly $187 billion from food stamps over a decade.
According to the Congressional Budget Office , the legislation will leave 7.5 million more people without coverage by 2034, while rural areas are expected to lose an estimated $137 billion in federal Medicaid funding over a decade.
In midterm campaigns, Democrats are leveraging these cutbacks, while Republicans like Rep. Tom Barrett defend the law by citing average refunds that jumped 11% to more than $3,400 this past tax filing season.
As Election Day nears, both parties are preparing for a robust campaign as Democrats frame the legislation as a "political loser" for swing-seat Republicans, setting the stage for a sharp policy clash.
U.S. President Donald Trump commemorated the 250th anniversary of the nation's founding on July 4 with a speech in which he boasted of a booming stock market, urged electoral reforms and praised the...