MediaPemalang.com – “Congress’ massive, pork-filled, disgusting spending bill.” That’s Elon Musk’s description of “One Big Beautiful Bill,” President Donald Trump’s signature bill that has now sparked the most dramatic showdown in American politics this year.
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1. Trillions of Dollars in Tax Cuts
The bill extends Trump’s 2017 tax cuts and creates new tax breaks for tips and overtime.
2. Deficit Increases by 2.4 Trillion Dollars
According to the Congressional Budget Office (CBO), this bill will increase the budget deficit by 2.4 trillion US dollars in 10 years. Musk called it “increasing an already mammoth deficit to 2.5 trillion dollars.”
3. EV Tax Credit Eliminated
Elimination of the electric vehicle tax credit worth US $ 7,500 per unit. This is what angered Musk the most. Trump accused Musk’s anger of being financially motivated.
4. Prohibition of AI Regulation by States
A hidden provision on pages 278-279 prohibits states from regulating artificial intelligence for 10 years. Representative Marjorie Taylor Greene expressed regret for voting for this bill.
5. Opposition from Within the Republican Party
Although it passed the House by a margin of one vote, the bill faced serious resistance in the Senate. Musk even threatened to fire all politicians who “betrayed the American people” in the midterm elections.
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