House Passes Trump’s Bill Adding $2.4T Deficit, Cutting Medicaid, Tax Breaks for Wealthy

President Donald Trump's "One Big Beautiful Bill Act" faces widespread opposition for its significant tax breaks favoring the wealthy, cuts to Medicaid and social programs, and potential harm to the middle and lower-income classes. Polls indicate that a majority of Americans oppose the bill, with many believing it will benefit the wealthy while hurting middle-class and poor individuals. The bill is projected to add trillions to the federal deficit, with the Congressional Budget Office estimating a $2.4 trillion increase in national debt over ten years. Critics also warn that the bill includes provisions that could undermine the judiciary by allowing court rulings to be ignored without penalty, posing a threat to the balance of power and democracy. Financial experts express concern over market volatility, increased borrowing costs, and economic risks tied to the bill's tax and spending changes. Despite Republican support, key Democrats and some Republicans voice strong opposition, highlighting the bill’s potential to deepen economic inequality and destabilize government functions.