What Does the “Big Beautiful Bill” Actually Change?

A sweeping 887-page tax and spending bill has passed Congress and been signed into law.

This legislation:

• Permanently extends most 2017 tax cuts

• Adds an estimated $3.3–$3.4 trillion to the federal deficit

• Reduces Medicaid funding (impacting millions)

• Tightens SNAP eligibility requirements

• Adjusts SALT deductions (up to $40,000 cap)

• Introduces new deductions for tips and seniors

• Cuts certain clean energy incentives

• Raises the debt ceiling by $5 trillion

In this episode, we break down what these changes mean for your taxes, healthcare access, and long-term financial future.

What You’ll Learn

• Who benefits most from extended tax cuts

• How Medicaid reductions may affect households