US EditionOne Big, Beautiful Bill to help the rich, hurt the poor and explode the deficit
- House Republicans passed the One Big Beautiful Bill at dawn on May 22, 2025, in the U.S. House of Representatives.
- The bill follows prior tax cuts and spending increases but proposes $3.1 trillion in deficit growth along with cuts to Medicaid and SNAP.
- The legislation could cut SNAP funding by nearly 30 percent and put over 7 million Americans at risk of losing Medicaid coverage.
- Senator Rand Paul warned the bill would increase the national debt by $4 to $5 trillion, saying, "The problem is the math doesn't add up."
- The bill's passage implies rising deficits and social challenges despite claims of welfare reform and tax relief, raising questions about fiscal sustainability.
11 Articles
11 Articles
Rand Paul Warns ‘Big, Beautiful Bill’ Will ‘Explode The Debt’
Sen. Rand Paul (R-KY) criticized the version of President Donald Trump’s “One Big, Beautiful Bill” passed by the House last week, warning that it would significantly increase the national debt.In a Sunday interview with anchor Shannon Bream on “Fox News Sunday,” Paul expressed support for the bill’s tax cuts but described its spending cuts as “wimpy and anemic.” Even so, Paul said he could support the bill — if not for concerns about it adding t…
Trump's 'Big Beautiful Bill' Blows Up the Deficit
In the 40 years prior to Donald Trump’s political arrival, the Republican Party consistently tried to hammer Democrats as the party of “deficit spending.” President Trump’s “big beautiful” tax bill has changed all of that—and your retirement savings could take a hit as a result. House Republicans passed legislation Thursday morning that calls for about $1 trillion is spending cuts to things like healthcare and food assistance, but that’s not nea…
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