The One Big Beautiful Bill, Explained
May 20, 2025•17 min
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Episode description
We break down the House GOP’s One, Big, Beautiful Bill—a sweeping tax package designed to extend key parts of the 2017 Tax Cuts and Jobs Act before they expire in 2026.
Kyle Hulehan is joined by Garett Watson, Director of Policy Analysis at the Tax Foundation, to unpack what’s actually in the bill, who benefits the most, and how it could impact the economy, federal revenue, and your taxes.
Links:
https://taxfoundation.org/blog/house-one-big-beautiful-bill-temporary-tax-policy/
https://taxfoundation.org/research/all/federal/big-beautiful-bill-house-gop-tax-plan/
https://taxfoundation.org/blog/house-tax-plan-economic-growth-impact-business-tax-permanent/
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