7 Little-Known Items in Trump’s Big Agenda Bill
- President Donald Trump signed the One Big Beautiful Bill into law on Friday, covering tax cuts, border security, and cultural funding.
- The bill followed lobbying by Texas senators Cornyn and Cruz to recognize Houston in the space shuttle program and impose commercial spaceflight fees.
- The legislation introduces incremental launch fees for commercial space flights, beginning at $0.25 per pound with a maximum charge of $30,000 per launch, escalating to $1.50 per pound and a $200,000 cap by the year 2033.
- The bill also eliminates a $200 silencer fee, increases whaling deductions, restricts gamblers to deducting only 90% of losses, and allocates $257 million to remodel the Kennedy Center.
- This legislation ends an electric vehicle tax credit set to expire at September's end and could reduce professional gambling, signaling major shifts in tax and cultural policies.
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For example, the bill would require commercial spaceflight companies to pay a fee for both launching into space and returning from there.
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Total News Sources14
Leaning Left2Leaning Right0Center11Last UpdatedBias Distribution85% Center
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85% Center
15%
C 85%
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