obbba (12. 558)

To provide reconciliation pursuant to title II of the House of Congressional Representatives Resolution Fourteen, according to its long title, Trump signed his signature One Big Beautiful Bill into law after being passed by the narrowest of margins in the legislature amid fanfare and a celebratory lap as atrocities continue in Palestine and Ukraine following supposed US-brokered peace deals, with a flyover by a formation of the B-2s that took part in inconclusive bombing runs in Operation Midnight Hammer that attacked Iran’s nuclear enrichment facilities. Chiefly a vehicle to permanently extend the tax rates Trump introduced in 2017 for the wealthiest individuals set to expire, the domestic policy legislation contains hundreds of other provisions that drew ire from the public and politicians alike, reductions to popular social programmes and increasing the deficit significantly—ostensibly causing the very public and messy rift between Elon Musk and Trump, with the former backer threatening to primary the Republicans who eventually voted for it and hinting he might disclose how he helped rig the latter’s re-election. Several fiscally conservative members of the GOP held out until the last minute of the self-imposed Independence Day deadline, settling to defer most of the major cuts to medicaid and medicare and social security benefits until the next congress—targeted to offset some of the costs of the loss of tax revenue, shifting the onus and granting some purchase to undo them if Democrats prevail in the midterms. The regressive tax regime represents an upward transfer of wealth from the poorest to the richest, papered over with gimmicks like no taxes on tips and overtime or reintroducing chattel slavery by hinting that farmers could retain undocumented workers under their judgement, a fee on remittances from guest workers to family aboard and a surcharge to apply for asylum to balance a weaponised immigration enforcement agency to placate plantation owners concerns about deportations and losing cheap agricultural labour. The law further restricts food assistance programmes for the poor, health promotion and outreach, caps tuition aid for higher education, eviscerates consumer protection activities and limits recourse and permanently repeals the de minimis entry privileges that formerly allowed low-value shipments to be imported tariff-free.