US Edition
Megabills Didn't Break Economy Before, Won't Now
UNITED STATES, JUL 14 – The bill limits hospital taxes, retains lower 2017 rates, and may drop 11.8 million people from health insurance, while increasing the national debt, analysts say.
- In the United States, investors see the 870-page bill as just another debt-adding measure, leaving markets calm at least soon.
- Against a backdrop of mounting debt, the bill keeps lower rates from the 2017 Tax Cut and Jobs Act, marking a missed opportunity to tackle the debt crisis.
- Under its provisions, the bill allows full expensing for corporate research and investment, boosting growth, and prevents states from charging higher hospital taxes.
- The Congressional Budget Office estimates it will kick 11.8 million people off health insurance, and near-term costs could include higher interest rates from rising debt.
- In the longer run, most Americans’ taxes and health insurance will remain unchanged, underscoring the need for broader tax base reform.
11 Articles
11 Articles
Roanoke Times
Megabills didn't break economy before, won't now
Opinions of the One Big Beautiful Bill tend to-ward the extreme. One of its main authors calls it "the greatest piece of Republican legislation in a generation," while one of its most authoritative critics says it makes him ashamed to…
Megabills did not break economy before, won't now
Opinions of the One Big Beautiful Bill tend toward the extreme. One of its main authors calls it "the greatest piece of Republican legislation in a generation," while one of its most authoritative critics says it makes him ashamed to…
Megabills didn’t break the economy before and won’t now - West Hawaii Today
Opinions of the One Big Beautiful Bill tend toward the extreme. One of its main authors calls it “the greatest piece of Republican legislation in a generation,” while one of its most authoritative critics says it makes him ashamed to be an American. So allow me to offer what counts as a radical view: The bill is neither as terrible as its opponents say nor as impressive as its supporters claim.
Column: Megabills didn’t break the economy before and won’t now
Opinions of the One Big Beautiful Bill tend toward the extreme. One of its main authors calls it “the greatest piece of Republican legislation in a generation,” while one of its most authoritative critics says it makes him ashamed to…
Journal Gazette & Times-Courier
The Quad-City TimesMegabills didn’t break economy before, won’t now
Opinions of the One Big Beautiful Bill tend toward the extreme. One of its main authors calls it “the greatest piece of Republican legislation in a generation,” while one of its most authoritative critics says it makes him ashamed to…
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