The Big Beautiful Bill: What You Need to Know About Trump's $3.3 Trillion Package. (07, 01, 25)
- ethanmartinez12332
- Jul 2
- 3 min read
What's Actually in This Bill
So, here's the deal with Trump's massive $3.3 trillion "Big Beautiful Bill" that just barely passed the Senate. It's packed with $4.5 trillion in tax cuts, basically making Trump's 2017 tax rates permanent, but the Congressional Budget Office says it'll add $3.3 trillion to our national debt over the next 10 years. The kicker? Most of the biggest tax breaks go to the top 1% of households making $663,000 or more per year, which probably isn't you or anyone you know.
How This Hits Healthcare and Food Assistance
This is where things get really concerning for young adults who might rely on these programs now or in the future. The Congressional Budget Office estimates that between 10.9 to 11.8 million Americans will lose their health insurance by 2034, with most of those cuts coming from Medicaid. We're talking about cutting $800 billion to $1 trillion from Medicaid over the next decade, literally the biggest cut in the program's history. Plus, they're also slashing food assistance programs and clean energy funding, which could impact everything from your ability to get healthcare to job opportunities in green energy.
Rural Hospital Closures
The Medicaid cuts in the Big Beautiful Bill could be devastating for rural hospitals that are already struggling to stay open. These hospitals depend heavily on Medicaid payments to keep their doors open, and when those payments get slashed, many will be forced to close completely. This means if you live in a rural area or small town, you might have to drive hours to get emergency care and forget about having a local hospital for routine medical needs. Rural hospital closures also eliminate good-paying jobs in these communities, from doctors and nurses to support staff, creating an economic ripple effect that hurts entire towns.
Direct Impact on Young Adults
If you're in your twenties or thirties, this bill hits you in multiple ways that could affect your entire future. Many young adults rely on Medicaid for healthcare coverage, especially those working entry-level jobs without benefits, attending college, or transitioning between jobs. The massive Medicaid cuts mean you're more likely to be uninsured when you need medical care most. The food assistance cuts could impact you if you're struggling financially while building your career or going to school. Perhaps most importantly, the $3.3 trillion added to the national debt means your generation will be stuck paying for these tax cuts (that mostly benefit wealthy people) for decades to come through higher taxes, reduced government services, or both. Meanwhile, the cuts to clean energy programs eliminate potential job opportunities in one of the fastest-growing sectors that could have provided good-paying careers for young workers.
What Happens Next and Why It Matters for Your Future
The Big Beautiful Bill now heads to the House, where it needs to pass by July 4th with only a few Republican votes to spare. If this becomes law, you're looking at millions of people losing health coverage, massive cuts to programs that help working families, and a national debt that'll be even more crushing for your generation to deal with. Basically, we're trading short-term tax cuts (mostly for the wealthy) for long-term financial problems and fewer safety nets when people need them most.
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