The Insanity of Trump's Big Beautiful Bill
Plus: Trump's E.U. trade deadline, masked ICE agents, and Elon Musk's third party
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
12:39—Medicaid cuts and what they mean
20:51—Sunset clauses will cause more instability
33:33—Listener question on masked Immigration and Customs Enforcement agents
42:16—Elon Musk announces new third party
49:47—Weekly cultural recommendations
Mentioned in This Podcast
"The Secret Police Are Here," by Mike Brock
"Errol Morris and Jacob Soboroff: Trump's Immigration Policies Are Indefensible," by Nick Gillespie
Upcoming Reason Events
The Reason Roundtable Live in NYC! July 15
The Soho Forum Debate: Jacob Hacker vs. David Goldhill, July 16
Today's Sponsors:
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- Producer: Paul Alexander
- Video Editor: Ian Keyser