CNBC
June 2, 2025 at 07:50 PM
The massive “One Big Beautiful Bill Act” includes a variety of provisions aiming to cut government spending and raise revenue to address the federal deficit. Major provisions include making Trump’s 2017 tax policy permanent where it would otherwise expire at the end of the year and cutting Medicaid benefits.
Efforts to reform the federal student loan program are also included within the bill’s 1,000-plus pages. https://cnb.cx/4mJHs5H
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