The ‘One Big, Beautiful Bill’ Is Delivering on Republican Promises
UNITED STATES, JUL 10 – The $1.5 trillion law includes $8 billion to hire 10,000 new ICE agents and $24.6 billion for the Coast Guard, making Trump’s 2017 tax cuts permanent and cutting spending.
- On July 4, 2025, President Trump signed the One Big Beautiful Bill Act, which included provisions affecting the Department of Energy’s Loan Programs Office.
- The One Big Beautiful Bill Act signed on July 4, 2025, rescinded $11.6 billion in energy subsidies, eliminating the Department of Energy’s Loan Programs Office risk-funding tool.
- Following the law, the LPO can still fund nuclear and brownfield battery projects, but loses support for carbon capture, shifting focus toward fossil fuels.
- Beyond the 2025 law, funding mandates now include fossil fuel and critical mineral projects through 2028, prompting private sector caution amid ongoing uncertainty for clean energy investments.
44 Articles
44 Articles
(LETTERS) Grateful for One Big Beautiful Bill; Making Casper Mountain a gravel pit; Land sale area residents want safety over quick cash
Oil City News publishes letters, cartoons and opinions as a public service. The content does not necessarily reflect the opinions of Oil City News or its employees. Letters to the editor can be submitted by following the link at our opinion section. Dear Casper, I am so grateful to President Donald Trump and the Republicans in Congress for enacting the One Big Beautiful Bill. This act makes permanent the 2017 tax breaks and expands tax relief, s…
Newborns to Get $1,000 ‘Trump Accounts’—Here’s How It Works
The Republican reconciliation package, better known as the One Big Beautiful Bill, introduced Trump Accounts for newborns, which were previously dubbed MAGA Accounts, or “Money Account for Growth and Advancement.” The accounts are new tax-advantaged investment vehicles comparable to individual retirement accounts, prefunded with $1,000 from the Treasury Department for every child born between Jan. 1, 2025, and Dec. 31, 2028. Children born before…
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