In this episode I get into the intricacies of the One Big Beautiful Bill Act, recently signed by Donald Trump. I unpack the bill's budgetary implications, tax reforms, and its impact on various sectors, including energy and healthcare.
It's a mess of a bill, as you'd expect from any Congress these days, and unsurprisingly adds $3-4 trillion to the national debt - because Republicans are no longer fiscally responsible or conservative and aren't even pretending otherwise.
Chapters
00:00 Introduction to the One Big Beautiful Bill Act
02:40 Understanding the Reconciliation Process
05:49 Key Provisions of the Bill
08:29 Tax Implications and Fiscal Responsibility
11:10 Energy Policy Changes
14:17 Healthcare Reforms and Medicaid Changes
26:23 Medicaid Expansion and Federal Spending
32:33 Border Security and Immigration Enforcement
36:36 Congressional Budgeting and Fiscal Responsibility
42:24 Virginia's Regulatory Rollback Success
52:19 Conclusion and Call to Action