How will Trump's 'big, beautiful bill' impact lowest-income households and wealthy people in the US? Check details
- Posted on May 22, 2025
- By Business News Today
- 3 Views

How will Trump's 'big, beautiful bill' impact lowest-income households and wealthy people in the US? Check details

Donald Trump's 'Big, Beautiful bill' passed a key hurdle in the House. Republicans were divided over the bill's impact on the national debt. The bill extends Trump's tax cuts and increases military and border security spending. Democrats criticized the bill for favoring the wealthy and harming low-income households. The bill includes tax breaks and increased standard deductions.