Reconciliation

Americans are already struggling with high prices and economic uncertainty thanks to President Donald Trump’s sweeping tariffs. Congressional Republicans are proposing to make life even less affordable by passing the One Big Beautiful Bill Act. This legislation would enact the largest cuts to Medicaid and food assistance in American history, increase gas and electricity prices, and add trillions to the federal debt while providing new tax breaks that overwhelmingly benefit the wealthiest Americans. If enacted, the bill would initiate the largest transfer of wealth from working-class Americans to the ultrawealthy in history. The Center for American Progress is working to highlight the countless harms Americans would suffer under congressional Republicans’ extreme tax and budget proposals.

The U.S. Capitol Building.
The U.S. Capitol Building is seen in Washington, D.C., on May 17, 2025. (Getty/Kevin Carter)
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Inclusive Growth

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Residents of 49 States and Washington, D.C., Face Increasing Electric and Natural Gas Bills Report
Power lines in the sky

Residents of 49 States and Washington, D.C., Face Increasing Electric and Natural Gas Bills

This updated utility rate tracker shows rate increases or proposals set to go into effect over the next two years that, coupled with Trump administration actions, could mean that households and businesses see even higher utility bills over the next few years.

Congressional Republicans’ One Big Beautiful Bill Act Creates an Unaccountable Slush Fund for the Trump Administration’s Deportation Force Report
ICE officers patrol the halls of an immigration court building.

Congressional Republicans’ One Big Beautiful Bill Act Creates an Unaccountable Slush Fund for the Trump Administration’s Deportation Force

The OBBBA pumps $75 billion into ICE with no guardrails, supercharging the Trump administration’s massive, indiscriminate deportation agenda that is operating without accountability and threatening local communities and economies.

The Trump Administration’s Attack on Environmental Protections Will Increase Cancer-Causing Pollution Report
In the background of the view of a residential street, smokestacks at the Hugh L. Spurlock Generating Station are seen in Maysville, Kentucky.

The Trump Administration’s Attack on Environmental Protections Will Increase Cancer-Causing Pollution

The Trump administration’s plan to torpedo air pollution limits and cancer prevention programs while ripping away health care and cancer treatment and canceling clean energy investments will increase preventable cancer cases among Americans—all to enhance polluters’ profits and cut taxes for the superrich.

New Trump Administration Policies Will Decrease Average Incomes for All Americans Except the Top 1 Percent Article
U.S. President Donald Trump greets guests on the South Lawn of the White House

New Trump Administration Policies Will Decrease Average Incomes for All Americans Except the Top 1 Percent

New policies in the One Big Beautiful Bill Act, paired with the Trump administration’s tariffs, will leave the bottom 99 percent of Americans with less after-tax-and-transfer income by 2027, while the top 1 percent benefit—per combined scores from nonpartisan analysts.

Corey Husak

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