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Donald Trump’s ‘One Big Beautiful Bill’: Who gains, who loses, and who pays the price?
Thursday, 22 May 2025
President Trump's proposed One Big Beautiful Bill Act, passed by the House, aims to make 2017 tax cuts permanent and overhaul tax rules. While high-income earners and families with children may benefit, low-income Americans and recipients of programs like Medicaid and SNAP could face cuts. The bill's impact on the federal deficit remains a concern.
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