Learn why Elon Musk and Rand Paul are breaking from Trump over his new $4 trillion bill. Understand what’s really in the Big Beautiful Bill—and how it could affect your taxes, debt, and retirement.
This episode covers the political drama surrounding Trump’s “Big Beautiful Bill,” a massive $4 trillion spending and tax plan facing harsh criticism from Elon Musk and Senator Rand Paul. You’ll learn why key Republicans are turning against Trump, what this bill means for Social Security, taxes on tips, the national debt, and the debt ceiling. The discussion covers how interest payments could consume future budgets, how the Congressional Budget Office scores the bill, and the bigger risks of default. You’ll also explore GOP infighting, Musk’s warnings, and the long-term impact of rushed legislation on your retirement, medical care, and everyday costs.
The $4 Trillion Fight Over Trump’s Big Beautiful Bill
Lesson Resource
- Teaching Lesson – Teaching lesson plans related to this lesson.
Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.
