[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Brian Krassenstein [@krassenstein](/creator/twitter/krassenstein) on x 926.3K followers Created: 2025-07-03 18:32:21 UTC BREAKING: Republicans pass the "Big Beautiful Bill". Here's the simply Truth: Republicans have been lying to you for decades. This is what the "Big Beautiful Bill" will do: - Raises Deficit by $XXXXXXXXXXXXXXXXXXXX over XX years. - Keeps the SALT cap hike that showers aid on millionaires in blue states - Paid family leave slashed from XX weeks to zero in final framework - Prescription-drug negotiation covers only a handful of medicines, years in the future - Leaves fossil-fuel subsidies on the books while offering new drilling leases - No public option or Medicare-for-All pilot—private insurers still dominate - Child-tax-credit boost made temporary, not permanent, risking a poverty snapback - Drops free community college, a signature Biden promise - Immigration reform gutted to a study and some parole extensions - Climate spending relies on tax credits, not binding clean-energy standards - Corporate minimum tax set at XX %, below Reagan-era levels - Wealth surtax kicks in only after $XX million—no broader wealth tax - Leaves capital-gains loophole (step-up basis) completely intact - Billionaire income tax scrapped after Manchin pushback - Universal pre-K funded for just six years—states could face a cliff - Housing dollars chopped nearly in half during negotiations - No cap on sky-high rents or meaningful tenant protections - Fails to close the carried-interest loophole for private-equity managers - IRS enforcement money trimmed, weakening hopes of taxing the rich fairly - Keeps inheritance tax threshold at an historically high $XX million - No $XX minimum wage or any federal wage hike at all - Gig-worker protections and PRO Act labor reforms left out entirely - Rural broadband funds pared back, delaying equity for small towns - Surtax on stock buybacks watered down and delayed - Defense budget untouched while social spending is means-tested - Means testing everywhere—adds red tape for childcare, college, health credits - CBO score still adds to deficit after gimmicky phase-outs - Relies on temporary programs to hide real decade-long costs - Leaves D.C. statehood and voting-rights funding off the table - Drops the Civilian Climate Corps that excited young progressives - Keeps qualified immunity for police; no justice-reform pieces included - No estate-tax overhaul to curb dynastic wealth - Shrinks clean-energy rebates for EV buyers below campaign promises - No cap on insulin or other life-saving drugs for the privately insured - Promise to tax “Amazon and XX others paying zero” diluted to a modest AMT - Child-care subsidies phase out above middle income, angering suburban moms - Leaves the gigantic Pentagon carbon footprint out of climate math  XXXXXXX engagements  **Related Topics** [government spending](/topic/government-spending) [Post Link](https://x.com/krassenstein/status/1940841054812442801)
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Brian Krassenstein @krassenstein on x 926.3K followers
Created: 2025-07-03 18:32:21 UTC
BREAKING: Republicans pass the "Big Beautiful Bill".
Here's the simply Truth:
Republicans have been lying to you for decades. This is what the "Big Beautiful Bill" will do:
Raises Deficit by $XXXXXXXXXXXXXXXXXXXX over XX years.
Keeps the SALT cap hike that showers aid on millionaires in blue states
Paid family leave slashed from XX weeks to zero in final framework
Prescription-drug negotiation covers only a handful of medicines, years in the future
Leaves fossil-fuel subsidies on the books while offering new drilling leases
No public option or Medicare-for-All pilot—private insurers still dominate
Child-tax-credit boost made temporary, not permanent, risking a poverty snapback
Drops free community college, a signature Biden promise
Immigration reform gutted to a study and some parole extensions
Climate spending relies on tax credits, not binding clean-energy standards
Corporate minimum tax set at XX %, below Reagan-era levels
Wealth surtax kicks in only after $XX million—no broader wealth tax
Leaves capital-gains loophole (step-up basis) completely intact
Billionaire income tax scrapped after Manchin pushback
Universal pre-K funded for just six years—states could face a cliff
Housing dollars chopped nearly in half during negotiations
No cap on sky-high rents or meaningful tenant protections
Fails to close the carried-interest loophole for private-equity managers
IRS enforcement money trimmed, weakening hopes of taxing the rich fairly
Keeps inheritance tax threshold at an historically high $XX million
No $XX minimum wage or any federal wage hike at all
Gig-worker protections and PRO Act labor reforms left out entirely
Rural broadband funds pared back, delaying equity for small towns
Surtax on stock buybacks watered down and delayed
Defense budget untouched while social spending is means-tested
Means testing everywhere—adds red tape for childcare, college, health credits
CBO score still adds to deficit after gimmicky phase-outs
Relies on temporary programs to hide real decade-long costs
Leaves D.C. statehood and voting-rights funding off the table
Drops the Civilian Climate Corps that excited young progressives
Keeps qualified immunity for police; no justice-reform pieces included
No estate-tax overhaul to curb dynastic wealth
Shrinks clean-energy rebates for EV buyers below campaign promises
No cap on insulin or other life-saving drugs for the privately insured
Promise to tax “Amazon and XX others paying zero” diluted to a modest AMT
Child-care subsidies phase out above middle income, angering suburban moms
Leaves the gigantic Pentagon carbon footprint out of climate math
XXXXXXX engagements
Related Topics government spending