The One Big Beautiful Bill Act signed by U.S. President Donald Trump is the most sweeping legislation in modern U.S. history, implementing huge tax cuts for the rich and massive cuts to the social safety net.
The "One Big Beautiful Bill Act" contains $4.5 trillion in tax cuts and adds $350 billion for defense and border security, projected to increase the national deficit by trillions.
The data shows that that's the result. The math shows that that is the result. No one on this side of the aisle admits anymore that they didn't blow a huge hole in deficit.
Stride emphasizes that the Conservatives will not repeat the economic mistakes of the past, highlighting the importance of responsible fiscal discipline over unfunded tax cuts.
Tarlov argued that while Democrats are facing challenges, President Trump also displays unfavorable polling on key issues like the economy and foreign policy.
The Big Beautiful Bill is likely to increase the budget deficit, with estimates from CBO and CRFB suggesting an additional $2.3-$3.1 trillion over 10 years due to tax cuts outweighing spending reductions.
"I vowed to deliver on a sweeping affordability agenda that does something that is so profound, but yet so simple: putting more money back in your pockets," Hochul said.