The Big, Beautiful Lie: How One Bill Funds Wealth for the Few and Fear for the Rest
Wealth vs. Enforcement/Social Cuts
Your Taxes, The Rich Permanent Paradise
The Big Beautiful Bill's Betrayal
Tax Cuts for the Rich
For millions of Americans, the "Big Beautiful Bill" (OBBBA) is a beautiful disaster—a masterstroke of legislative misdirection that takes from the most vulnerable to give to the most powerful. While the bill's architects celebrate its permanent tax cuts for the ultra-wealthy and corporations, the rest of us are left to grapple with the crippling cost: the largest cut to the social safety net in US history, coupled with an unprecedented, iron-fisted expansion of the Defense and ICE budgets. This is not a bill for the American people; it is a permanent redistribution of wealth and power, straight into the hands of billionaires and the security state.
For Fiscal Year 2025 (FY25), the U.S. Defense Budget was around $850 billion (a slight real-dollar decrease from FY24), while ICE received a massive funding boost via the "One Big Beautiful Bill Act" (OBBBA), nearly tripling its budget to about $28.7 billion, up from ~$9.9B in FY24, funding detention & deportation. The OBBBA also made major tax cuts permanent for corporations and individuals (like R&D expensing, some individual cuts), while cutting other areas, costing trillions and adding to deficits, contrasting with FY24's funding levels.
Defense Budget (FY2025)
- Amount: ~$850 billion requested.
- Comparison to FY24: In real (inflation-adjusted) terms, this was slightly less (around 1.7%) than FY24's enacted defense spending (excluding supplemental aid).
- Key Context: Funding was set by the Fiscal Responsibility Act, but debates continued over defense priorities.
ICE Budget (FY2025)
- Amount: ~$28.7 billion total, up from ~$9.9 billion in FY24.
- Comparison to FY24: Nearly triple the FY24 budget.
- Source: Largely funded through the OBBBA, providing billions for detention centers, enforcement, and deportation.
Tax Breaks for Rich & Corporations (2025)
- Key Legislation: The "One Big Beautiful Bill Act" (OBBBA), signed July 2025, made permanent many individual and corporate tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA).
- Corporate: Extended R&D expensing, immediate expensing for certain facilities, but kept existing rates/AMT.
- Individual: Extended various TCJA cuts (like the 20% QBI deduction for pass-throughs), added some new breaks (tips, overtime).
- Impact: Estimated to add trillions to deficits over a decade.
Comparison to 2024
- FY24 had ongoing funding via Continuing Resolutions (CRs) at FY23 levels before full-year funding decisions for FY25.
- The 2025 tax law significantly altered the landscape by making tax cuts permanent that were set to expire, a major shift from the prior year's debates and partial extensions.
- While defense funding was relatively stable in real terms compared to FY24, ICE saw a dramatic spending increase in 2025 due to the OBBBA.
The "One Big Beautiful Bill" (OBBBA) enacted major cuts to Medicaid (around $1 trillion total) and SNAP (hundreds of billions), adding stricter work requirements that expanded age limits to 64 and removed veteran/homeless exemptions, affecting millions, while also imposing state-level SNAP funding responsibility, though Social Security and direct Veterans' benefits weren't the main targets, other programs like Medicare faced cuts, and overall impacts suggest significant hardship, job losses, and increased uninsured rates.
Medicaid & SNAP Cuts
- Medicaid: The bill projects over $1 trillion in cuts to federal health programs, with around $800-$860 billion from Medicaid over a decade, leading to potential coverage losses for millions.
- SNAP (Food Stamps): Estimated cuts of $200-$300 billion, with about 4 million people losing benefits, including families, seniors, and veterans, due to new work rules and shifting costs to states.
Work Requirements
- Expanded Ages: The upper age limit for work requirements increased from 54 to 64, affecting older adults.
- Parental Responsibility:Exemptions for parents with children aged 14+ were removed, requiring them to meet work rules.
- Veteran Exemptions Removed:Previously protected exemptions for veterans and the homeless were eliminated.
Other Program Impacts
- Medicare: Significant cuts were made to Medicare, estimated to be tens of billions annually, primarily to offset deficits caused by extending tax cuts.
- Tax Cuts: The bill extended 2017 tax cuts, costing $1 trillion, with benefits largely to the richest 1%.
Impact on Citizens
- Increased Hardship: Millions are expected to lose crucial food and health assistance.
- State Burden: States must now pay a share of SNAP costs, potentially leading states to drop the program.
- Job Losses: Cuts are predicted to cause significant job losses, notes the Commonwealth Fund.
The "Big Beautiful Bill" has stripped away crucial support while cementing an economic reality where corporations and the ultra-rich operate with permanent tax breaks. It has chosen to fund a militarized approach to our borders and a massive defense budget over feeding, educating, and healing its own citizens. This is the new status quo, but permanence is only as strong as the people who accept it. Do not let the price of this beautiful deal be the decay of our democracy. Contact your representatives now. Demand a roll-back of these obscene corporate giveaways and the restoration of a safety net that values human life over enforcement budgets. The fight for a fair economy and a humane society begins with refusing to normalize this betrayal.
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