“Beautiful” it is not.
The One Big Beautiful Bill Act, Donald Trump’s signature second-term domestic legislative package, is winding its way through Congress. Republicans in the Senate and House are working on their versions, and the president hopes to sign the act into law by Independence Day.
If enacted, the OBBBA would be among the most consequential pieces of legislation in recent memory. It would cost more than Trump’s COVID-rescue bill, Joe Biden’s COVID-rescue bill, Trump’s first-term tax cut, George W. Bush’s tax cut, or Barack Obama’s stimulus package; it would dwarf the Affordable Care Act in its budget impact. Still, two in three Americans say they have heard little or nothing about it.
