US Edition
When Do ‘Big, Beautiful’ Megabill Changes Go Into Effect?
ELKHART COUNTY, INDIANA, JUL 09 – The bill mandates 30 new offshore oil and gas lease sales over 15 years and makes permanent key tax cuts from 2017, reshaping U.S. energy and tax policy.
- On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act, enacting permanent tax cuts, major Medicaid and SNAP work requirement reforms, and reviving oil and gas lease sales.
- The One Big Beautiful Bill Act rolls back Inflation Reduction Act provisions, revives oil and gas lease sales, and reshapes carbon capture incentives.
- Under the Mineral Leasing Act, the bill mandates quarterly onshore lease sales, mandates 30 Gulf of Mexico lease sales from 2026 to 2039 plus six in Alaska’s Cook Inlet, and cuts royalty rates.
- The Congressional Budget Office projects nearly $1 trillion in cuts, while selling the bill has proven tough against Democratic opposition.
- USA TODAY reported that Medicaid work requirements take effect Jan. 1, 2027, while implementation deadlines for energy and loan provisions are set through 2026.
43 Articles
43 Articles
Gary Franks: Congress – Where political robots reside - Tribune Content Agency
Can’t wait till the Republican members of Congress are told at their next town hall meeting that in the so-called “Big Beautiful Bill” was a provision to defund Congress – House and Senate. Surprise! Two things are not true here. First, Republicans are not going to have a town hall meeting anytime soon and second, […]
When Do ‘Big, Beautiful’ Megabill Changes Go Into Effect?
The GOP-led Congress is walking a political tightrope with the rollout of key provisions in Trump’s “one big, beautiful” bill, passed last week. With next year’s midterms looming, strategic timing is everything: tax breaks to households (and corporations) begin in…
Summary of Key Provisions in The One Big Beautiful Bill Act
The “One Big Beautiful Bill Act” represents a sweeping overhaul of U.S. energy policy, aimed at reshaping the federal government’s role in energy markets and reversing key provisions of the Inflation Reduction Act. With a clear emphasis on fossil fuel production and energy independence, the legislation mandates new oil and gas lease sales across federal lands and offshore areas, revives tax advantages for producers, and loosens regulatory burden…
Political winds shift for California renewable energy future, as new federal hurdles emerge - Local News Matters
CALIFORNIA’S DRIVE TO RUN its electric grid entirely on wind, solar and other clean sources of energy just got harder after President Donald Trump signed a sweeping new budget law. The changes in federal tax incentives could affect the feasibility of new solar and wind projects as the state is counting on them to provide more electricity for Californians. A state law requires 100% of electricity to be powered by renewable, carbon-free sources by…
Coverage Details
Bias Distribution
- 42% of the sources are Center, 42% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
