Understanding President Trump's New Bill

What are the main areas impacted by President Trump's new bill?

• Education, healthcare, and social security

• Taxes, healthcare, and social security

• Defense, taxes, and education

• Infrastructure, healthcare, and defense

What is a significant concern about the bill's impact on the national debt?

• It could reduce the national debt by $3 trillion

• It could add over $3 trillion to the national debt

• It has no impact on the national debt

• It will eliminate the national debt entirely

Who benefits the most from the proposed tax cuts in the bill?

• Middle-income earners

• Low-income earners

• Business owners and high-income earners

• Retirees

What is the proposed change to the child tax credit in the bill?

• Permanent increase to $3,000

• Elimination of the child tax credit

• Increase from $2,000 to $2,500 through 2028

• Decrease from $2,500 to $2,000

What is the proposed change to the SALT deduction cap in the bill?

• Elimination of the SALT deduction

• Increase the cap to $40,000

• No change to the current cap

• Decrease the cap to $10,000

What new requirement is proposed for Medicaid recipients in the bill?

• Work, volunteer, or job training for at least 80 hours a month

• Increased premium payments

• Mandatory retirement savings

• Mandatory health check-ups

What is a potential consequence of the new Medicaid work requirements?

• Increased Medicaid coverage

• Loss of benefits due to paperwork errors

• Higher Medicaid premiums

• More people qualifying for Medicaid

How does the bill propose to change clean energy tax credits?

• Introduce new credits for fossil fuels

• Eliminate all clean energy credits

• Increase credits for electric vehicles

• Roll back many credits from the Inflation Reduction Act

What is a potential economic risk if the bill passes as is?

• Immediate economic growth

• Decrease in interest rates

• Increase in national savings

• Interest rates could rise, making borrowing more expensive

Why is public opinion important in shaping the final form of the bill?

• It determines the bill's budget

• Senators make decisions based on voter feedback

• It has no impact on the bill

• Public opinion can delay the bill indefinitely