Trump’s budget bill will affect all aspects of the economy
The budget bill passed and signed the law touches on the lives of all Americans in one way or another. Will you get better or worse?
President Donald Trump’s signature legislation is to acquire the brand in a vote that shows that the vote is unpopular.
Trump said at his cabinet meeting at the White House on August 26th that he was not calling the new law one big beautiful bill.
The law’s name doesn’t support the White House pitching, Trump said.
“So, bill, I’m not going to use the word big beadie,” Trump said. “It was good to approve it, but it’s not good to explain to people what it is.”
Instead, Trump focused on the tax provisions of the law, extending the 2017 tax cut and adding new tax cuts.
“It’s a massive tax cut for the middle class,” Trump said on August 26th.
The new law also includes deep spending on immigration enforcement and military spending, as well as Medicaid, which Democrats and some Republicans have been heavily criticised.
Democrats have united against the measure, saying they disproportionately benefited the wealthy and hurt low-income Americans. The CBO estimates that 12 million people will lose their health insurance, while the Senate Joint Economic Committee’s minority estimates that around 20 million people could lose their coverage. Medicaid has been cut by nearly $1 trillion.
A Pew Research Center survey earlier this month found several Americans opposed the law. Pew’s survey found that 46% of Americans disapprove the law, 32% agreed, and 23% say they’re not sure. An SSRS survey conducted against CNN after Trump signed the measure on July 4th found that 61% of adults were opposed to the new law.
Vance traveled to Wisconsin on August 27th to meet to promote legislation. He held previous events in Pennsylvania and Georgia.
When it comes to promoting Trump’s new law, pivoting for the GOP could be a challenge. Some Trump Cabinet members continued to call the law “one big beautiful bill.”
“I’ll keep saying, ‘One big beautiful bill’ until I ask you today for a little longer,” said Labor Secretary Lori Chavez Deremar.
