The Biggest Conservative Victory in 30 Years
Stephen Moore, Hot Air
Everyone knows that the "big, beautiful" tax bill signed into law on the Fourth of July lowers tax burdens for families and businesses. It also averts a $4 trillion tax increase [that would have started] next year. That's enough reason to heartily celebrate.
Here is a list of some of the major policy victories:
• The law is the most aggressive federal advancement of school choice by allowing low-income parents to direct education dollars to private, charter or Catholic schools that are better for their kids.
• The law also expands eligibility for personalized medical savings accounts instead of conventional insurance. ...
• The law increases mining and drilling on federal lands to increase access to America's natural resource supplies to end our dependence on the Middle East or China or Russia.
• The law formally ends the absurd Biden student loan forgiveness program ….
• The law ends the electric vehicle mandate and phases out the Green New Deal, thus allowing Americans to buy whatever car they want.
• The law expands opportunity zones and extends tax benefits for investing in inner cities and economically depressed rural areas. ...
• The law increases the tax to 8% on the near-trillion dollars of bloated university endowments -- money that was never taxed. ...
• The law strengthens work requirements for Medicaid and food stamp recipients. History shows that work requirements end welfare dependency.
• The new law authorizes the sale of expanded spectrum to strengthen rural broadband, secure America's technological dominance and reduce the national debt by nearly $100 billion.
There's much more to shout about, but these are some of the greatest hits in a big and beautiful bill that advances America's freedom and prosperity. ...
(Excerpt) Read more at hotair.com ...
