FILIBUSTERED
MASSIVE BLUE WAVE
MODERATE Rs VOTED AGAINST IT
Deficit: 1800 billion
Revenue Sources (FY 2025, in billions)
Individual Income Taxes ($0-$11,600, 10%): 300 (10%) billion
Individual Income Taxes ($11,601-$47,150, 12%): 350 (12%) billion
Individual Income Taxes ($47,151-$100,525, 22%): 500 (22%) billion
Individual Income Taxes ($100,526-$191,950, 24%): 400 (24%) billion
Individual Income Taxes ($191,951-$243,725, 32%): 350 (32%) billion
Individual Income Taxes ($243,726-$609,350, 35%): 250 (35%) billion
Individual Income Taxes ($609,351+, 37%): 150 (37%) billion
Payroll Taxes: 1700 billion
Corporate Income Taxes (21%): 450 (21%) billion
Tariffs: 100 billion
Other Revenue: 640 billion
Spending Categories (FY 2025, in billions)
Social Security: 1478 billion
Medicare: 1014 billion
Medicaid/CHIP/ACA: 552.5 billion
Income Security (EITC, CTC, SSI, etc.): 650 billion
Defense Mandatory: 100 billion
Veterans Benefits Mandatory: 300 billion
Defense Discretionary: 1045 billion
Veterans Benefits Discretionary: 150 billion
Education: 250 billion
Transportation: 200 billion
SNAP: 102 billion
Health (Non-Medicare/Medicaid): 200 billion
Housing: 100 billion
International Affairs: 70 billion
Energy and Environment: 50 billion
Science: 50 billion
General Government: 60 billion
Interest on Debt: 952 billion
Other Spending: 300 billion
Border Security: 70 billion
Foreign Aid (FY 2025, in billions)
Israel: 3.3 billion
Ukraine: 17 billion
United Nations: 1 billion
Other Countries: 50.6 billion
Proposed Changes by the One Big Beautiful Bill (OBBBA)
The One Big Beautiful Bill Act, passed by the House on May 22, 2025, proposes significant changes to the federal budget. Key provisions include:
- Increasing defense spending by $150 billion to $1,045 billion for FY 2025, including $70 billion for border security.
- Reducing Medicaid spending through stricter eligibility requirements (estimated 15% reduction for FY 2025).
- Reducing SNAP spending through stricter requirements (estimated 15% reduction for FY 2025).
- Extending the 2017 Tax Cuts and Jobs Act, reducing federal revenues starting FY 2026, with some impact in FY 2025.
- Increasing the state and local tax (SALT) deduction from $10,000 to $40,000.
- Scaling back clean-energy tax credits from the Inflation Reduction Act, saving ~$500 billion over 10 years.
- Introducing tariffs, potentially generating $100 billion in FY 2025 (not scored by CBO).
- Increasing the Child Tax Credit to $2,500 for 2025–2028.
The Congressional Budget Office estimates that the OBBBA would add $2.4 trillion to primary deficits over FY 2025–2034, and $3.0 trillion to the debt including interest.