US Edition
The ‘One Big, Beautiful Bill’ Is Delivering on Republican Promises
UNITED STATES, JUL 10 – The One Big Beautiful Bill Act makes many temporary tax cuts permanent and includes a $24.6 billion Coast Guard funding boost, nearly doubling its annual budget, officials said.
- On July 4, 2025, in Texas, President Donald Trump and Congressional Republicans enacted a major tax and spending package popularly referred to as the "One Big Beautiful Bill."
- The bill followed intense negotiations including concessions won by conservatives, but it also drew criticism for adding nearly $3.3 trillion to the deficit and cutting Medicaid and SNAP benefits.
- Key provisions include permanent 2017 tax breaks, expanded relief such as up to $10,000 deducted on car loan interest for U.S.-assembled new vehicles bought between 2025 and 2028, and funding for rural hospitals and border security.
- Congressman Keith Self from Texas initially called it a broken bill but voted for it to avoid a $1,500 tax increase per North Texas family, acknowledging the bill’s mix of benefits and drawbacks.
- The legislation’s passage suggests ongoing Republican efforts to balance tax cuts with spending, though it fuels debate over fiscal impacts and eligibility limits that may affect lower-income families.
155 Articles
155 Articles
Understanding The New Car Loan Interest Deduction Law
The interest on auto loans taken out in 2025 or later could be tax deductible, due to the “One Big Beautiful Bill Act,” if the vehicle is new and was assembled in the U.S., but there are income rules as well.
‘Stop the Bleeding’: Energy Secretary Counters Claim ‘Big, Beautiful’ Law Will Raise Energy Prices
The Republican spending bill signed into law on July 4 will “stop the bleeding” by ending federal subsidies for renewable energy, lowering prices for consumers, Energy Secretary Chris Wright says. Critics of the One Big Beautiful Bill Act contend the spending package will increase prices for “dirtier” energy. But in an exclusive phone interview with The Daily Signal, Wright said ceasing to subsidize wind and solar capacity will stop an upward pr…
'BIDEN' fund could send billions to states that battled border crisis
States that fought President Joe Biden‘s border policies could see a boon under little-known provisions of the One Big Beautiful Bill Act. Tucked deep into the bill’s text are a pair of provisions that could send $13.5 billion back to state and local governments for immigration enforcement, with more than one shot taken at Biden along the way. One is the Bridging Immigration-Related Deficits Experienced Nationwide reimbursement, an acronym that …
Coverage Details
Bias Distribution
- 77% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
