Donald Trump’s "One Big Beautiful Bill Act" will slash the household resources of the poorest Americans by about $1,600 while boosting the wealthiest households by roughly $12,000, the Congressional Budget Office said in a distributional analysis released Thursday.

The ‘big, beautiful’ tax bill would cost low-income Americans an estimated $1,600 a year on average, while high-income people would gain $12,000, the CBO says.

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The 'One Big, Beautiful Bill' proposes the accelerated expiration of the EV tax credit. Tesla could see a massive hit if the spending bill passes.

Lawmakers in Washington, D.C., are one step closer to making President Donald Trump's 'One Big Beautiful Bill' federal law. Rural communities in Oklahoma could feel the biggest punch if the legislation is passed.

But there is one financially sound reason Trump chose to break this popular promise and leave "no tax on Social Security" out of the One, Big, Beautiful Bill: It would have substantially worsened the program's long-term outlook.

Trump says he plans to court Rand Paul’s vote on the ‘Big, Beautiful Bill’ as he reinvites him to White House picnic - Kentucky Republican annoyed to be excluded from social event after publicly speaking out against the president’s ‘Big,

Their comments were an unusually public display of ambiguity towards a piece of legislation that the GOP caucus voted to advance.