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How Business Lobbyists Scored Wins in Trump’s ‘Big, Beautiful Bill’ | News Channel 3-12

UNITED STATES, JUL 17 – The bill permanently enacts 2017 tax cuts, allocates $170 billion for immigration enforcement, and is projected to add $3.3 trillion to the national debt over the next decade, analysts say.

  • Following congressional approval, President Donald Trump signed the One Big Beautiful Bill Act, which makes permanent many 2017 tax cuts and includes new deductions, impacting fiscal policy.
  • The One Big Beautiful Bill Act makes TCJA provisions permanent, locking in sunset brackets and boosting standard deductions, as the law brings TCJA into permanent law.
  • The Congressional Budget Office estimates Medicaid and ACA funding changes tighten coverage, with subsidy reductions and work requirements.
  • Beyond healthcare implications, the bill's $3.3 trillion debt increase and SALT cap relief reshape fiscal outlook.
  • With tax season approaching, experts advise beginning tax and healthcare planning now, as the One Big Beautiful Bill Act's provisions take effect soon.
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House Dems Begin To Take Credit For Provisions In Trump-Backed Law They Voted Against

House Democrats claim credit for Trump-backed law they opposed amid midterm election concerns.

·Arlington, United States
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The Washington Informer broke the news in on Thursday, July 17, 2025.
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