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The One Big Beautiful Bill Is Law—Now What?

By: Daniel Bunn, Garrett Watson, Kyle Hulehan, Dan Carvajal

The One Big Beautiful Bill is now law—but what does it actually do? In this episode, we break down the new taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. law’s key provisions, including who benefits, who doesn’t, and what it means for the economy, tax certainty, and the federal deficit. 

Kyle Hulehan is joined by Daniel Bunn, President and CEO of Tax Foundation, and Garrett Watson, Director of Policy Analysis. Together, they dive into the bill’s temporary vs. permanent changes, its international implications, and how it sets the stage for future tax policy debates.

Links

  • The Good, the Bad, and the Ugly in the Big Beautiful Bill See more
  • The One Big Beautiful Bill Act Tax Policies: Details and Analysis See more
  • Will the OBBB Lead to an Economic Boom or Just Modestly Higher Growth? See more
  • Budget Reconciliation Tracker See more
  • House GOP Tax Plan: Details and Analysis See more
  • How Does the Additional Senior Deduction Compare to No Tax on Social Security? See more
  • Current Trump Tariffs Threaten to Offset Benefits of Promised Tax Cuts See more

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