Trump's "Beautiful Bill": A $3.4Trillion Fiscal Gamble
On July 4, 2025, President Trump signed theso-called "One Big Beautiful Bill" (#bigbeautifulbill) into law.Hailed by Republicans as "legislation of the century," it's actuallyan expensive fiscal gamble that will add 3.4 trillion to the deficit over thenext decade¡ªsurpassing 4 trillionwhen including interest costs.
A Feast for the Rich, A Bill for the Poor
Dubbed #biguglybilltrump by critics, thelegislation permanently extends 2017 Tax Cuts and Jobs Act provisions set toexpire in 2025. This alone will reduce federal revenue by $4.5 trillion,including:
• Lower individual taxrates: +$2.2T
• Doubled standarddeduction: +$1.4T
• 20% pass-throughdeduction: +$737B
Meanwhile, it slashes social programs like#Medicaid and #SNAP by $1.4 trillion. This "Robin Hood in reverse"approach epitomizes #Trumpdictator governance¡ªenriching the wealthy while leaving the poor to fend for themselves.
A Fiscal Shell Game
Proponents claim deficit reduction, butonly by using misleading "current policy" baselines. Undertraditional "current law" scoring:
• Over 60% of costs hitin first five years
• Temporary cuts willlikely be extended
• Interest paymentsalone add $700B
The Hidden Social Costs
On #Immigration, the bill spends $175B onenforcement while gutting safety nets:
• #Medicaid reforms cut$917B
• #SNAP changes reduce$187B
• Student loan reformsslash $320B
Behind these numbers lie millions offamilies losing healthcare and food assistance. As one analyst noted:"This isn't a 'beautiful' bill¡ªit's a gift to the 1%, paid for by the 99%."
bitcointrump supporters hoping for cryptobreaks were left disappointed, proving even digital currency enthusiasts can'tescape this fiscal recklessness. Perhaps the only appropriate response is#deporttrump¡ªnot the man, but hisdisastrous economic policies.