Trump’s Big Beautiful Bill Summary
- Trump’s Big Beautiful Bill had passed on Thursday morning , House Republicans approved President Donald Trump a compromise domestic Policy package.
- The bill now heads to Trump’s desk for presidential assent, marking his 1st big bill in 2nd term .
- The legislation had already been passed by the senate earlier in the week after merathon discussion.
- The house passed the bill with the a narrow 218 – 214 vote, largely along party lines.
Goal for Trump’s Big Beautiful Bill
- Stimulation to economic growth.
- Attract capitals back to America as qatar, UAE, Saudi Arabia all together signed MOU for , $3 trillion worth of investment .
- Support Trump’s long standing policy of low tax for job creation and and prosperity.
Let’s Birdview what is big about Trump’s Big Beautiful Bill…
A. What The Big Beautiful Bill includes for Defence preview?
- Rise pentagon budget significantly.
- Enhance funding for military modernization
- Artificial intelligence driven defence technology
- Cybersecurity measures.
- Space based assets expansion.
- Support for military veterans program and extended military infrastructure for retaining Title of “Global super power“.
What are the goals for above Defence portion in Big Beautiful Bill?
- Reassert America’s military dominance.
- Bolster readiness in light of global threats like China , Iran and Russia.
- Position Trump as the Defence President.
B. “Thougher border security and Immigration” enforcement part of Big Beautiful Bill .
Key provision for Thougher border security and Immigration enforcement,
- Major funding for “Border Wall” expansion and high technology based survillance.
- Increase hiring of border petrol agents and ICE officers.
- Stricter enforcement of deportation and asylum protocols as daily thousands of illegal deported from America.
- Limitations on Chain migration and expansion of merit based immigration criteria for safety.
Goal for making Thougher border security and Immigration enforcement in Big Beautiful Bill,
- Fulfill campaign promises on immigration control.
- Reduce illegal entry and Reform the legal immigration process .
- Appeal to core MAGA voter base .
C. “Deep cuts to social safety net program” in The Big Beautiful Bill.
- Major reduction and Roughly $1 trillion cut to medicaid over next 10 years as lots of cheating being noticed in it.
- Cuts to supplemental nutrition assistance program (food stamps), housing assistance,and unemployment benifits.
- Rollback of affordable care act (Obamacare )subsidies.
Rationale for Deep cuts in social safety net program in The Big Beautiful Bill,
- Offset the cost of tax cuts and defence spending .
- Promote work requirment and reduce dependency.
- Appease financial conservatives demanding Smaller Government Goal.
D. “Rolling back from Green Energy subsidies” in The Big Beautiful Bill.
This perticular point become big contention point between Trump and Elon Musk.
Key provisions in the “Rolling back from Green Energy subsidies “in The Big Beautiful Bill
- Accelerated phase-out of solar and wind tax credits and back to oil era , hence the famous slogan DRILL BABY DRILL.
- Investment shifted to clean fossil fuel technology and nuclear energy .
Justification for Rolling back from Green Energy subsidies,
- Reverse Biden era Green Energy priorities .
- Priorities energy independence and economic pragmatism over the Climate agenda .
E. Creation of $50 billion Rural hospital fund.
What does included in $ 50 billion Rural hospital fund of The Big Beautiful Bill ?
- A senate added provision to mitigate backlash from medicaid cuts.
- Target rural and underserved medical centers struggling with reimbursement shortfalls.
- The main concern is that there is lots of uncertainty over criteria regarding fund as Where it applies?, When does it starts? .
F. Deficits and Economic projections from The Trump’s Big Beautiful Bill.
Trumps White House view on The Big Beautiful Bill,
- White House economist predict record job growth , capital repetriation, and poverty reduction and Claim that the bill will pay for itself through dynamic economic growth .
Independent analyst view on The Big Beautiful Bill,
- Chief business officer projects that roughly 12 million people could lose health insurance by 2034.
- The bill will add hundred of billion to the federal deficit over long term which is already at 37.7 trillion .
Way ahead after The Big Beautiful Bill…
- This fiscal policy need to combine with monetary policy rate cut to ripe fruits of Economic growth .
Party division and political pressure in the process of passing The Big Beautiful Bill…
- Passage followed an intense arm twisting campaign by GOP leaders to unify deeply divided Republican party.
- Fiscal conservatives objected to balloning of deficit further.
- Moderates were concern out social safety cuts especially medicaid.
- House speaker Mark Johnson and Senate majority leader John Thune led a high stakes presure compaign to will over skeptics.