Fact check: What does the big beautiful bill include

1. Summary of the results

The "Big Beautiful Bill," officially known as the One Big, Beautiful Bill Act, is comprehensive tax legislation that primarily focuses on extending and expanding the 2017 Tax Cuts and Jobs Act (TCJA). Based on the analyses, the bill includes several major components:

Tax Provisions:

• Permanently extends individual income tax rates and brackets from the TCJA, along with the standard deduction and child tax credit ^{[1] [2]}
• Increases the Lifetime Estate and Gift Tax Exemption to $15 million ^[3]
• Expands the Section 199A qualified business income deduction for pass-through entities, making it permanent and increasing the rate from 20% to 23% ^{[4] [1]}
• Modifies the State and Local Tax (SALT) deduction ^[3]
• Provides 100% expensing for new factories and allows deduction of interest on American-made cars ^[5]

Spending Cuts:

• Cuts approximately $715 billion from Medicaid, potentially leaving 8.6 million people uninsured ^[6]
• Rolls back food stamps, education spending, and clean energy subsidies ^[6]
• Boosts border security funding ^[7]

2. Missing context/alternative viewpoints

The original question lacks crucial context about the significant fiscal impact of this legislation. Independent analyses reveal that the bill would add between $2.4 trillion to $3.7 trillion to the federal deficit over 10 years ^{[7] [8]}, contradicting Republican claims that it wouldn't increase the deficit.

Alternative viewpoints emerge regarding the bill's true purpose:

• Supporters argue it will "supercharge the economy" by raising take-home pay and increasing wages ^[5]
• Critics contend it's a "narrow-minded, ugly piece of legislation" that would take the nation over a fiscal cliff while contradicting Republicans' claims of fiscal conservatism ^[6]
• Independent analysts suggest the bill won't produce significant economic growth despite its substantial cost ^[9]

Who benefits from different narratives:

• Wealthy individuals and businesses benefit significantly from the estate tax increases and business deductions
• Pass-through business owners gain from the expanded Section 199A deduction
• Political leaders promoting the bill benefit from emphasizing economic growth while downplaying deficit impacts

3. Potential misinformation/bias in the original statement

The original question "what does the big beautiful bill include" appears neutral but lacks context about the controversial nature of this legislation. The framing omits several critical aspects:

• No mention of the massive deficit impact - analyses show the Congressional Budget Office estimates the bill would add $2.4 trillion to the deficit even before considering interest costs ^[8]
• Absence of information about spending cuts - the bill includes substantial cuts to social programs, particularly Medicaid, which would significantly impact millions of Americans ^[6]
• Missing context about timing - the bill addresses expiring provisions from the 2017 TCJA, making this a time-sensitive legislative priority rather than new policy innovation

The question's phrasing using "big beautiful bill" mirrors the political branding used by proponents, potentially reflecting bias toward the legislation's supporters rather than maintaining neutrality about a highly contested piece of legislation with significant fiscal and social implications.