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Trump’s Big Toxic Bill Will Cost America – and the World

UNITED STATES, JUL 12 – The legislation cuts renewable energy incentives and Medicaid funding, potentially increasing U.S. emissions by up to 730 million metric tons annually and causing 830,000 clean energy job losses, experts say.

  • Congress passed and President Trump signed the One Big Beautiful Bill in early July 2025, affecting tax cuts and Medicaid spending nationwide.
  • The bill prolongs the 2017 tax cuts introduced under Trump and includes Medicaid funding reductions totaling $1.1 trillion spread across a decade, sparking strong criticism from Democrats and advocacy organizations.
  • Opponents argue the bill will reduce health care access for hundreds of thousands in Louisiana and require work or volunteer hours for food assistance eligibility, impacting 806,000 SNAP recipients.
  • Fiscal risks increased, with Moody's downgrading US debt rating due to mounting debt now over $36 trillion, and interest payments consuming 20 cents of every tax dollar in 2025.
  • The bill’s passage risks worsening national security and economic stability as experts warn rising debt undermines military power and could lead to deeper capability cuts.
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Alabama Live broke the news in Alabama, United States on Saturday, July 12, 2025.
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