Unmasking the Big Beautiful Bill

By Shane Gravel

In this paper we discus:

• The main features of the BBB, including a detailed discussion on tax cuts; 
• The implications for the US deficit of the implementation of the bill; 
• The controversy around the BBB, which some thought was an implementation of Project 2025 in disguise; and
• How the bill has caused the fallout between Trump and Musk.

Download PDF: Big Beautiful Bill July 2025