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The 'Big Beautiful Bill' Reflects Trump's Priorities, Not America’s

  • On July 4, President Donald Trump enacted the Big Beautiful Bill, requiring the Interior Department to offer federal land in nine states, including Colorado, for oil and gas leases at least once every quarter.
  • The law, passed via reconciliation, lowers royalty rates from the Biden-era 16.67% to 12.5% and restricts regulatory discretion to conditions in resource management plans.
  • Environmental advocates warn the law will cause billions in lost royalties, increase climate emissions, and pose risks to ecosystems due to inadequate, infrequently updated mitigation plans.
  • The legislation allocates about $170 billion toward immigration enforcement and border security, including $45 billion directed to ICE, alongside significant reductions in Medicaid and SNAP funding and tax incentives that predominantly favor wealthy households.
  • Critics say the bill prioritizes extractive industries and deportation over fiscal responsibility and climate concerns, while supporters claim it restores energy independence and affordability.
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The 'big beautiful bill' reflects Trump's priorities, not America’s

If a budget is a mirror of values, what does the “big beautiful bill” say about America?

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247wallst.com broke the news in New York, United States on Saturday, July 26, 2025.
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