Reported about 13 hours ago
President Trump's ambitious legislation, known as the 'big, beautiful bill', has the potential to benefit corporate America and high-income individuals, while also risking significant harm to low-income Americans due to cuts to safety net programs like Medicaid and food stamps. Certain workers, like those who receive tips, may gain additional tax breaks, but hospitals and the clean energy sector are expected to face challenges. Overall, the legislation is projected to add to the national deficit, raising concerns about increased borrowing costs for Americans.
Source: YAHOO