Trump's 'one big, beautiful bill' offers $1k for newborns, immigration and tax cuts: 10-point explainer
- Posted on May 19, 2025
- By Business News Today
- 1 Views

Trump's 'one big, beautiful bill' offers $1k for newborns, immigration and tax cuts: 10-point explainer

President Trump's 'One, Big, Beautiful Bill Act' aims to reshape American policy through tax cuts, stricter immigration measures, and increased defense spending. The bill faces opposition despite narrowly clearing a House committee. It proposes making the 2017 tax cuts permanent, ending taxes on tips, and increasing military and border security funding, while also cutting federal spending and revising asylum policies.