US Edition
5 Key Ways Trump’s Big Beautiful Bill Transforms Corporate Taxation
- On July 3, the House of Representatives narrowly approved President Donald Trump’s 'Big Beautiful Bill' with a 218-214 vote, now awaiting his July 4 signature.
- Republican lawmakers used budget reconciliation to bypass the 60-vote Senate threshold, enabling the permanent extension of Trump’s 2017 tax cuts and increasing the deficit by over $3 trillion over a decade.
- Moody’s warns of bond-market volatility as the bill’s fiscal risks threaten to challenge the Federal Reserve’s policy options.
- If enacted, the bill could trigger the most inflationary period in over 50 years, with US debt potentially reaching 127% of GDP by 2034, risking a second credit downgrade and global financial instability.
12 Articles
12 Articles
Trump’s ‘Big, Beautiful Bill’ Gets House Approval, Next Up Is Signing By President Trump ⋆ Conservative Firing Line
The following article, Trump’s ‘Big, Beautiful Bill’ Gets House Approval, Next Up Is Signing By President Trump, was first published on Conservative Firing Line. House Speaker Mike Johnson confirmed that lawmakers are “delivering on our promise to make America great again.” Then the legislators voted 218-214 to adopt Senate changes to President Donald Trump’s “Big, Beautiful Bill.” It’s a landmark for tax cuts and spending that includes many of …
How will Trump’s ‘Big Beautiful Bill’ roll back clean energy tax breaks and shift US climate strategy?
WASHINGTON, July 4 — With the passage of his party’s “One Big Beautiful Bill,” Republican President Donald Trump has largely delivered on his promise of curtailing Joe Biden’s landmark climate law. Here’s a breakdown of how the new legislation will reshape US climate and energy policy. Clean energy tax incentives slashed The Inflation Reduction Act (IRA), signed by Biden in 2022, was the largest climate investment in US history, allocating aroun…
How businesses and manufacturers will benefit from Trump’s big bill
Among the big winners with President Trump's bill are corporations and small businesses. The bill would make permanent the tax breaks from his first term, expand provisions on expenses and itemizations and allow companies to deduct the cost of new manufacturing plants. For a business perspective, William Brangham spoke with Jay Timmons of the National Association of Manufacturers.
Coverage Details
Bias Distribution
- 43% of the sources are Center
To view factuality data please Upgrade to Premium
