The One Big Beautiful Bill Act, signed by President Trump, is a $4.5 trillion tax and spending package that primarily benefits the wealthy through continued tax cuts. It significantly cuts funding for services such as Medicaid and the Supplemental Nutrition Assistance Program (SNAP), which affects millions of people. New York's Democratic officials and Governor Hochul criticize the legislation as a betrayal that will harm state budgets. Hochul's office is working with the legislature to mitigate the bill's negative impact amid ongoing budget discussions for the state.
President Trump signed the One Big Beautiful Bill Act, a $4.5 trillion omnibus tax and spending package, which continues tax cuts for the wealthy and cuts services like Medicaid and SNAP.
New York Democratic officials have condemned the bill, stating it will devastate state budgets and public assistance for millions, with Governor Hochul calling it an 'ugly betrayal'.
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