Washington, D.C. — The Trump Administration is promoting its latest legislative initiative, known as the “One Big Beautiful Bill,” as a major step toward reducing federal spending. Officials say the bill contains $1.7 trillion in mandatory savings and is part of a broader strategy to implement long-term cuts to government expenditures.
According to the Office of Management and Budget (OMB), the bill represents the first significant effort in decades to reform and reduce mandatory spending programs. Dan Bishop, the Deputy Director of the OMB and a former congressman, characterized the bill as a long-awaited opportunity to enact structural fiscal reforms.
The bill includes changes to entitlement programs such as Medicaid and the Supplemental Nutrition Assistance Program (SNAP), commonly referred to as food stamps. These changes aim to reduce eligibility for certain populations and limit the scope of federal benefits. Supporters argue that these reforms will reduce taxpayer costs and improve program oversight.
The legislation is being advanced through the reconciliation process, a congressional mechanism that allows for budget-related legislation to pass with a simple majority in the Senate. Because of procedural constraints, the reconciliation process is limited to mandatory spending and cannot be used to address discretionary funding, which covers annual appropriations for federal agencies and programs.
In addition to the reconciliation bill, the Trump Administration has released a budget proposal that includes a 22% cut to non-defense discretionary spending, amounting to $163 billion below current levels. If enacted, this would represent the lowest level of such spending in inflation-adjusted terms in 25 years.
