The One Big Beautiful Bill Achieves Record Savings
Washington, D.C.--The One Big Beautiful Bill Act achieves record savings by making commonsense reforms to federal spending programs and rolling back Biden Administration subsidies and regulations.
“By pairing the largest reduction in mandatory spending in history with measures that boost economic growth, this bill takes meaningful steps to get our country’s fiscal trajectory back on track,” said Finance Committee Chairman Mike Crapo (R-Idaho).
Key wins:
- Eliminates hundreds of billions of dollars in Green New Deal subsidies.
- Prevents Medicaid payments for beneficiaries who have died, are enrolled in multiple states or do not qualify for the program.
- Increases the frequency of eligibility verifications.
- Establishes work requirements for able-bodied adults who are choosing not to work and do not have dependent children or elderly parents in their care.
- Slows spending growth in Medicaid over the next 10 years by addressing waste, fraud and abuse.
What they are saying:
“The Senate’s legislation delivers historic improvements to buttress our Medicaid system—a program designed to help pregnant women, the disabled, the elderly, and children—by implementing common sense work requirements for able-bodied adults. These improvements prioritize care for the most vulnerable Medicaid recipients, save the program from financial ruin and are overwhelmingly supported by voters.” – Americans for Tax Reform
“The Senate’s One Big Beautiful Bill Act contains significant wins for the American people and advances key pieces of the America First agenda, including: eliminating waste, fraud and abuse in Medicaid by creating work requirements, tightening eligibility, and limiting state financing schemes; and scaling back wasteful Green New Deal subsidies forced onto taxpayers in Biden’s deceptively named Inflation Reduction Act.” – Heritage Action
Click HERE to learn more about the Finance Committee provisions in the One Big Beautiful Bill Act.
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