[View in Your Browser]([link removed]
w?a=3DSH8aQb&c=3D01HNNHDGTEJ2BJ6C7JQAY9GT07&k=3D952f0d793cdd333338b2b6efda3=
42af1&m=3D01JZK3NKA0RZ13WGAD1JE9RMHB&r=3D01JZKTGBS6YZ8AP79BBKN306F8)

[USAFacts]([link removed])

Context on the Big Beautiful Bill=C2=A0

President Trump signed the One Big Beautiful Bill Act (OBBBA) into law last=
Friday. This legislation makes some tax changes permanent, raises the debt=
ceiling, and changes funding for various federal programs. [USAFacts has t=
he numbers]([link removed]
ll/) on some of the programs affected by the bill. =C2=A0

- The new bill would raise the debt ceiling by $5 trillion after Congress r=
einstated the limit at $36.1 trillion in January. The debt-to-GDP ratio ros=
e to 123% in fiscal year 2024. =C2=A0

[Medicaid enrollment from 2014 to 2024]([link removed]
-in-the-one-big-beautiful-bill/)

- The bill also approved cuts to Medicaid. The Centers for Medicare and Med=
icaid Services spent $638 billion on Medicaid and the Children=E2=80=99s He=
alth Insurance Program in 2024. Medicaid enrollment peaked at 100 million p=
eople in 2023 and was down to 84.6 million by June 2024. =C2=A0
=C2=A0
- It also=E2=80=AFpermanently establishes some provisions of the [2017 Tax =
Cuts and Jobs Act]([link removed]), including the indi=
vidual tax brackets and the increased standard deduction. The bill expands =
the cap on state and local tax deductions from $10,000 to $40,000.=C2=A0
=C2=A0
- The bill increases defense spending for naval shipbuilding, missile defen=
se, weapons development, nuclear forces, and personnel support. Defense spe=
nding was 12.9% of the [federal budget]([link removed]
/agency-spending/) in fiscal year 2024, or $873 billion.=C2=A0=C2=A0
There=E2=80=99s much more on our site, including 14 charts to help you unde=
rstand the context behind the legislation.=C2=A0

[See the data]([link removed]
-bill/)

Just the Facts on trade and tariffs

[How do tariffs affect trade?]([link removed])

The unofficial word of 2025 might be =E2=80=9Ctariff,=E2=80=9D but how migh=
t tariffs impact the US at home and abroad? In [this episode of Just the Fa=
cts]([link removed]), USAFacts Founder Steve Ba=
llmer digs into the data behind trade and tariff policy: what the country t=
rades, who it trades with, and what tools and rules the government uses to =
manage this practice.=C2=A0

- In 2024, the US imported $3.3 trillion of goods, over 80% of our total im=
ports, and exported $2.1 trillion of goods, or about two-thirds of total ex=
ports.=E2=80=AF=C2=A0

- America=E2=80=99s biggest trading partner is Mexico, followed by Canada, =
China, the United Kingdom, Germany, and Japan.

[US imports, exports and trade balance]([link removed]
/trade/)

- The US has had a trade deficit every year since 1976, which means it has =
consistently imported more than it exports. In 2024, the country=E2=80=99s =
largest trade deficit was with China at $263 billion, followed by Mexico at=
$179 billion.=E2=80=AF
=C2=A0
- A [tariff]([link removed]
-work/) is a tax levied by one country on goods and services imported from =
another country. This increases the cost of these goods for consumers and c=
ompanies.=C2=A0

- Over the past 70 years, tariffs have rarely provided more than 2% of fede=
ral revenues, with most revenue coming from various taxes on individual and=
corporate income.=C2=A0

[Track the trends]([link removed])

Data behind the news

Texas is recovering from devasting flooding that has killed at least 80 peo=
ple. We have data on natural disasters [here]([link removed]
/are-the-number-of-major-natural-disasters-increasing/). Then see facts on =
the [National Oceanic and Atmospheric Administration]([link removed]
explainers/what-does-the-us-government-do/subagency/national-oceanic-and-at=
mospheric-administration/) (NOAA), which is responsible for predicting chan=
ges in climate and weather.
=C2=A0
The Pentagon is=E2=80=AFpausing weapon shipments to Ukraine. =C2=A0[See the=
data]([link removed]
-aid-from-the-us/country/united-states/) on US assistance to Ukraine and ot=
her countries. Stay tuned for even more data along these lines soon.

Test your knowledge with the [weekly fact quiz]([link removed]
-fact-quiz/).=C2=A0

One last fact

[Most fireworks injuries happen near the Fourth of July]([link removed]
.com/r/dataisbeautiful/comments/1lqsos4/oc_firework_injuries_in_the_us/)

Nearly 15,000 people landed in the ER with [fireworks injuries]([link removed]
.reddit.com/r/dataisbeautiful/comments/1lqsos4/oc_firework_injuries_in_the_=
us/) last year, a 52% rise over 2023. The Consumer Product Safety Commissio=
n, which tracks these injuries, hasn=E2=80=99t offered a cause for the incr=
ease. The last time there was a spike of this kind was in 2020 (the record =
for injuries, over 15,000), which the commission believes was caused by mor=
e DIY fireworks shows after COVID-19 led to cancelations of public displays=
.

=E2=80=8A

[USAFacts]([link removed])

[Facebook]([link removed])
[X]([link removed])
[Instagram]([link removed])
[YouTube]([link removed])
[Tiktok]([link removed])

Was this email forwarded to you?
[Sign up here]([link removed]) for your own weekly issue of the=
USAFacts newsletter.
=C2=A0
=C2=A0
Copyright =C2=A9 2025 USAFacts. All rights reserved.
=C2=A0
Our mailing address is:=C2=A0
PO Box 1558 Bellevue, WA 98009-1558
=C2=A0
[Manage Preferences]([link removed]
=3DSH8aQb&c=3D01HNNHDGTEJ2BJ6C7JQAY9GT07&k=3D952f0d793cdd333338b2b6efda342a=
f1&m=3D01JZK3NKA0RZ13WGAD1JE9RMHB&r=3D01JZKTGBS6YZ8AP79BBKN306F8) | [Unsubs=
cribe]([link removed]
c=3D01HNNHDGTEJ2BJ6C7JQAY9GT07&k=3D952f0d793cdd333338b2b6efda342af1&m=3D01J=
ZK3NKA0RZ13WGAD1JE9RMHB&r=3D01JZKTGBS6YZ8AP79BBKN306F8)