How Trump’s Megabill May Be Affecting You Right Now

“When Republicans ask voters to keep them in the majority, they frequently point to the most significant policy achievement of Trump 2.0 — the tax and spending cuts bill known as the One Big Beautiful Bill Act,” CNN reports.

“Among the main selling points Republican candidates cite are popular cuts to taxes on tips and overtime, things that have a populist appeal, although many of the tax savings are more likely to benefit wealthier Americans.”

“But the law offsets tax cut provisions by slashing federal funding for many programs that help make up the social safety net in the U.S. which means fewer Americans are getting aid from the government to afford food or obtain health insurance.”