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Big Beautiful Bill SUCCEEDS - What Now?

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    Trump's big, beautiful bill is just
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    moments away from being passed into law.
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    But what will it actually do?
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    And what could the fallout be?
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    Welcome to America Uncovered. I'm Chris Chapel
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    . Well, folks, it looks like Trump's big
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    , beautiful bill is finally happening
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    . This absolutely massive
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    budget reconciliation bill has been
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    hanging over the news cycle for months,
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    and in many ways, Trump's entire presidency depends on it
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    . Back in May, the bill was passed in the House of Representatives by a single vote,
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    215 to 214, with one Republican abstaining and
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    two more Republicans missing the vote entirely
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    . One of those missing representatives, Andrew Garbarino,
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    couldn't make it because, according to Speaker Johnson
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    , he literally fell asleep
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    . Oh, I'm sorry. Is this too boring for you?
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    I mean, we've only been
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    talking about this since freaking January.
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    I'm up all night putting together an
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    episode to explain this monumental bill
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    taking on the Hunter S. Thompson diet of
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    Dunh Hills Shivas and Taco Salad
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    and you can't even stay awake.
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    It's no wonder that when Speaker Mike Johnson heard
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    Garbarino was sleeping, he said,
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    "I'm going to just strangle him." But um and
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    then but he's my dear friend.
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    Regardless, the big beautiful bill
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    advanced to the Senate where after some changes
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    , it again passed by the slimmest possible margin
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    . This time it was Vice
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    President JD Vance who broke the tie.
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    Now it's headed back to the House for its final approval
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    . If passed, it'll go straight to the president's desk
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    where it will be signed into law.
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    So, what's in the big beautiful bill
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    and why has it been so divisive?
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    For the sake of brevity, let's focus on what Trump really wanted out of it
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    . Starting with immigration
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    . Okay, so this was the big one for Trump's base
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    . Dealing with
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    illegal immigration consistently ranks
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    among the top priorities for American voters
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    , Republicans especially.
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    According to Gallup, it even ranks above the economy
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    . And the big beautiful bill did not disappoint
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    . It dedicated over
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    $165 billion to immigration enforcement
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    over the next four years with almost 75 billion going directly towards ICE.
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    this brings its annual budget from around $8 billion per year
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    to more than 18 billion
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    . All this money will go towards
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    things like hiring thousands of newofficers
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    , expanding the border wall,
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    detention facilities, and alligators.
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    That's not a joke, by the way.
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    Yesterday, Trump visited a newly
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    constructed ice facility deep within the Florida Everglades
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    . It's been dubbed alligator Alcatraz
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    , a place with cops in the form of alligators
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    . A planet where alligators evolved from men
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    Chatter warned us about this.
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    When questioned by the media, Trump had this to say.
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    The idea that it
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    just get by an alligator or a snake.
    I
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    guess that's the concept.
    Brutal,
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    but I'm just going to assume he's joking.
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    I mean, there's no way he What's that, Shelly
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    ? Oh, it looks like we have leaked
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    security camera footage from the detention center
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    . Let's take a look.
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    Okay, we have confirmation that
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    alligators are present in the area.
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    All right, the prisoner is making a jump for it
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    . And oh, that was close.
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    Now, let's see if he can get to the next one.
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    And oh god, the humanity.
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    I can't bear to look.
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    Another big part of the Big Beautiful bill is taxes.
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    Now, this one's a bit funny for Republicans.
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    You see, the Big Beautiful bill makes
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    the tax cuts from Trump's first term tax cuts and jobs act permanent
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    . Now, to most Republicans, that sounds pretty good
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    . If people have more money, they can buy more stuff
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    , invest in more businesses, etc., etc
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    . In the long run,
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    that could help build a larger tax base.
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    But there's a catch.
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    According to the Congressional Budget Office,
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    those tax cuts are the biggest reason why the bill
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    could add more than $3 trillion to the deficit
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    . This is why the bill has come under fire from fiscal hawks like Ran Paul
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    and Thomas Massie.
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    Now, the bill tries to offset this with cuts to programs like Medicaid
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    something to the tune of $930 billion over the next decade
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    . But still, that's not enough to
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    get the country out of its fiscal hole.
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    If you've been watching America Uncovered
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    , you may have caught our episode about Doge
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    and why it ultimately failed to reconcile America's debts
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    the truth is, most of the government's big ticket items
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    , Social Security, Medicare,
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    Medicaid, and defense spending aren't going anywhere
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    . To actually get the country out of debt
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    , the US would need explosive GDP growth
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    . I'm talking four to 5%.
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    And Trump thinks he can get there with energy
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    . Now, the Big Beautiful bill does a few things here
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    . First, it fasttracks new oil and gas leases on federal lands
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    and streamlines the permitting process
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    . It also supports nuclear power
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    , extending production and investment tax credits
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    . The idea is that by reducing energy prices
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    , the cost of doing business would go down across the board
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    . The cheaper the energy, the cheaper it is to keep factories running,
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    to deliver goods, to keep the lights on in retail stores etc
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    , . If everything comes together
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    , that would give the
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    economy enough momentum to start climbing out of the debt
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    . However,
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    there's one sector the bill doesn't smile upon.
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    Renewables.
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    The big beautiful bill reduces or flatout eliminates
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    tax credits for things like wind, solar, and electric vehicles,
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    which were established under Biden's inflation reduction act
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    . This is probably one of the causes behind the widening split between Trump
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    and Elon Musk, whose company Tesla has taken a
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    nose dive ever since Trump took office.
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    So, with Trump's bill so close to passing
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    , Musk has threatened to create a third party
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    , potentially undermining Trump's GOP
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    . In response, Trump threatened Elon's subsidies
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    and told him to go back to Africa.
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    You can't say that, man. Or at least I can't say that.
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    Are you trying to get me demonetized?
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    But in a bit of poetic irony,
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    Trump suggested sending Doge after Musk and his lucrative government contracts.
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    Doge is the monster that have that might have
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    to go back and eat Elon.
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    Wouldn't that be terrible?
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    That's it. I'm convinced.
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    We're not living in a simulation.
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    We're living in a Shakespearean tragedy.
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    Specifically, Anthony and Cleopatra.
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    What manner, oh thing, is your crocodile?
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    Trump is Caesar.
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    Elon is Mark Anthony.
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    Cleopatra, well, obviously that's Grimes.
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    You.
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    In any case, the big beautiful bill
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    marks the real beginning of Trump's second term
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    . And only time will tell
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    whether this bill fundamentally changes
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    America's course in history or if Trump becomes the next pitfall Harry
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    . So, what do you think?
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    Leave your comments below.
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    And before you go, be sure to check out this other episode of America Uncovered
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    recommended by the algorithm.
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    And we don't make enough from YouTube
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    to keep this show going.
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    Support America Uncovered for just the price of a bag of coffee
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    at our premium website,
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    americanaunovered.tv.
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    Once again, I'm Chris Chapel. Thank you for watching America Uncovered
Title:
Big Beautiful Bill SUCCEEDS - What Now?
Description:

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Video Language:
English
Duration:
07:31

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