
President Trump’s 940-page “One Big Beautiful Bill Act” could shake up the entire economy.
CHARLOTTE, N.C. โ If you pay taxes, get health care or work in clean energy, President Donald Trump’s “Big Beautiful Bill” could impact you.ย
Trump’s bill is making its way through Congress and experts say it’s one of the most sweeping economic proposals in years.ย
The bill would lock in corporate tax breaks and give big benefits to wealthy households, including bigger deductions for property taxes and estates worth up to $15 million.ย
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But it would also lead to deep Medicaid cuts, costing millions of low-income Americans their health coverage. That could mean fewer health care jobs, especially in rural areas.ย
Clean energy companies are warning of big losses, too, saying the bill would strip tax breaks for solar, wind and electric vehicles. This would hit jobs in both red and blue states.ย
Supporters say the bill helps businesses and working Americans by cutting income taxes on tips and overtime. Critics argue it adds $3 trillion to the national debt, hurting younger generations in the long run.ย
The bill still needs final Senate approval and a second House vote before it lands on Trump’s desk.ย
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