Hello John, It’s a race against the clock to get the “One Big Beautiful Bill” to President Trump’s desk before the Fourth of July — and we need your help! The bottom line? The OBBB is a really good bill. Is it perfect? No. One of the many lessons I learned working in Congress is that politics is about the art of the possible. In writing a bill like this, the goal is not perfection. It’s getting the best bill you can that Congress will pass and the president will sign. That’s where we are, and Congress deserves credit for crafting a bill this good with such slim majorities. But with opponents out in force telling whoppers about what this bill does, Congress will need a shove from you to get it done. We’ve spent a lot of time the past few months doing deep dives into the various policy issues addressed in the bill. Today, we’ll take a 30,000-foot view to get a better sense of all this bill does. In a nutshell, the OBBB: - avoids the biggest tax hike in American history,
- provides important resources to secure our border,
- unleashes American domestic energy and ends many of Joe Biden’s green energy giveaways,
- helps small businesses grow via equipment expensing, and
- makes critical changes to Medicaid to fight waste, fraud, and abuse.
That first bullet is key. If the bill doesn’t pass, the average American family will pay $1,500 a year more in taxes … year after year after year. Small businesses, most of which pay the individual income tax rates, would pay more, too. A lot more. If that were to happen, the economic impact would be devastating. The bill also makes historic investments in border security. It would finish the border wall, hire 10,000 new ICE officers, and fund efforts to stop the flow of fentanyl. The OBBB whacks Biden’s green giveaways that threatened irreparable harm to our national debt. An analysis by Goldman Sachs found the cost of Biden’s green energy taxpayer giveaways would be a whopping $1.2 trillion. Good riddance. On the traditional energy side, the bill lifts barriers to energy exploration and development to unleash energy abundance and help America stay energy dominant. Of course, opponents are looking for any means to derail the bill, and much of the media attention and criticism has focused on the Medicaid provisions, with accusations that they will lead to millions being kicked off their health care, rural hospitals closing, and people dying. To quote Joe Biden (just this once!), “That’s malarkey.” The Medicaid provisions are designed to save money in three ways. - Ensuring that states determine if those on Medicaid are actually eligible for the program (ineligible Medicaid recipients cost taxpayers $1.1 trillion over the last 10 years). Hard to believe this is controversial, but there you go.
- Preventing illegal aliens from receiving Medicaid benefits. Again, why is this controversial?
- It addresses the provider tax, what some have called a money laundering operation run by states and large hospitals to line their pockets at federal taxpayer expense. Even Biden called it a “scam.”
The sum of these provisions will be a Medicaid program that focuses more on the traditional Medicaid population, meaning the most vulnerable — children, pregnant women, and the disabled. Opposition to taxes played a significant role in our nation’s founding, with “no taxation without representation” being one of the most enduring and iconic slogans from that era. As you get ready to celebrate Independence Day with friends and family, please take a minute to let Congress know you want the OBBB passed NOW! |