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News Topical, Digital Desk : US President Donald Trump's much-discussed 'Big Beautiful Bill' i.e. domestic policy bill was passed in the lower house of the US Congress (US House of Representatives) on Thursday.
The bill was placed in the lower house for initial debate, where 213 out of 219 votes were cast in favour of the bill. This means that Trump's 'Big Beautiful Bill' has moved one step closer to becoming a law. The final voting on this bill is yet to take place in the US Senate. After that, the bill will go to the President.
Trump's much talked about Big Beautiful Bill is a comprehensive tax and spending bill. Along with tax relief, this bill has cuts in programs like medical aid, food stamps and health insurance. It will affect everyone from common citizens to the elderly, students and even billionaires. Who will benefit and who will be harmed by the Beautiful Bill? What effect will this bill have on immigrant citizens?
Question: What will happen to people dependent on health insurance?
Answer- After the 'Big Beautiful Bill' becomes law, repeated checking of health insurance (Medicaid) eligibility and more paperwork will become mandatory. Not only this, due to the new provisions, 1.2 crore people may be deprived of insurance by 2034.
Question: What will be the impact on migrant citizens?
Answer- Once the 'Big Beautiful Bill' is passed and becomes a law, there will be problems in getting work permit, TPS, asylum. Along with this, the fees for filing court appeals will increase. Due to the new provisions, many immigrant classes will become ineligible for subsidies and all kinds of government schemes.
Apart from this, 5 percent tax (Remittance Tax) will be levied on the amount sent by Indian expatriates to their families in India.
Question: What will be the impact on Obamacare holders?
Answer- Hospitals in rural areas of America may be closed or services may be reduced due to fund cuts. In such a situation, it will be difficult to get insurance coverage. One will have to go through a strict verification process for subsidy. Auto-enrolment will stop. This provision may exclude millions of people from insurance.
Question: What do people receiving food stamps have to face?
Answer- Once the 'Big Beautiful Bill' is implemented, there will be a big cut in schemes like food stamps. This will also affect illegal Indian immigrants. At the same time, for the first time, state governments will have to pay a part of the profit and operating costs. Small grocery businesses are sure to suffer an economic setback due to the cut in food stamps.
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