President Donald Trump's massive federal spending and tax bill stands to have far-reaching impacts on Arizona's energy and economic landscape.

The bill cuts $230 billion from SNAP over the course of 10 years. Sen. Angus King said 32,000 Mainers are expected to lose benefits.

The sweeping bill that will cut taxes and impact funding to social programs was passed in the House by a vote of 218-214 on Thursday, July 3.

Farm programs will receive an extra $66 billion over the next decade, making up for a delayed Farm Bill. Critics say it will increase consolidation.

Queens and Long Island Rep. Tom Suozzi stood by his decision to vote against the One Big Beautiful Bill Act despite acknowledging that he agrees with roughly three-quarters of the megabill.

The mega-bill signed by Trump aims to extend tax cuts and increase defense spending, but it risks raising the US deficit by $3.3 trillion. While it benefits manufacturing and defense, cuts to Medicaid and green energy may harm low-income populations and long-term fiscal stability.

President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages tax-free. In states like Ne

Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how taxable capital gains are calculated.