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Reason

Politics

Peter Suderman

The Insanity of Trump's Big Beautiful Bill

Elon Musk Donald Trump Nick Gillespie

This week, editors Peter Suderman, Katherine Mangu-Ward, and Nick Gillespie and Reason reporter Eric Boehm unpack the passage of President Donald Trump's One Big Beautiful Bill, focusing on its tax carve-outs, its special-interest subsidies, and what happens when key provisions expire in 2028. They also examine the potential fallout from Trump's looming trade deadline with the European Union, answer a listener question about the legality of masked federal law enforcement, and discuss the viability of Elon Musk launching a new political party.

0:00—America is still the greatest country on earth

6:18—The One Big Beautiful Bill becomes law

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