Trump, Big Beautiful Bill
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The "big, beautiful bill" signed into law by President Trump last week will allow him to dramatically expand his immigration crackdown.
The 900-page tax and policy package fulfills several key campaign promises but also makes cuts that could boot millions from health care and food assistance programs.
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Republican legislation criticized by media will slash deficits through economic growth, tariff revenue and deportation while cutting taxes on tips and overtime.
The tax and spending package includes $66.4 billion in new money for programs assisting farmers, strengthening the safety net if there is significant volatility in crop prices and revenues.
New tax provisions could help startups get acquired faster and bring bigger tax-free gains to investors.
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Contained in the new federal spending law formerly known as the "Big Beautiful Bill" is funding for 17 icebreakers, 21 cutters, more than 40 helicopters and six large patrol airplanes, Coast Guard officials said. It could take as long as 15 years to get the first of the large ships commissioned, according to government estimates.
Vice President JD Vance is hitting the road on Wednesday to tout President Donald Trump’s agenda bill in the key battleground state of Pennsylvania, according to an official in Vance’s office.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits