Inside Trump’s ‘Big beautiful bill’: Tax cuts for the rich, medicaid and meals cut for poor Americans
- Posted on July 2, 2025
- By Business News Today
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Inside Trump’s ‘Big beautiful bill’: Tax cuts for the rich, medicaid and meals cut for poor Americans

Donald Trumps giant tax and spending bill has cleared the Senate but leaves millions worried. The “Big Beautiful Bill” slashes Medicaid, food aid, green jobs, and student relief to fund tax breaks for the rich. Experts warn young Americans will inherit rising debt and fewer services. Senators on both sides are split as the bill faces its final test in the House. Rural hospitals, schools, and renewable energy firms brace for the fallout if Trumps flagship plan becomes law.