July 10, 2025
Our scholars on the OBBBA and TCJA
FREOPP continues to inform discussions about how policy changes affect American families
On July 4, President Trump signed the One Big Beautiful Bill Act into law that, among other things, extended the benefits of the Tax Cuts and Job Act from his first term. FREOPP scholars provided a distinct and data-driven perspective on both bills, shaping the policy conversation with rigorous research and reform-focused ideas, which you can read below.
OBBBA provides policy opportunities and challenges at both the state and federal levels, ranging from welfare and health care reforms to tackling the debt and deficit. FREOPP scholars continue to engage these conversations, focusing on the importance of limited government and applying free-market principles to improve the well-being of poor and working class Americans today and into the future.
-Michael Toth & Grant Dever, RealClearEnergy, The Tax Bill Powers Up Affordable, Reliable Energy for Working Families, July 3, 2025
-Michael Toth, RealClearPolitics, GOP Tax Bill Will Uplift the Poor–Again, June 25, 2025 (Picked up by Yahoo! News)
-Jeff Stein, The Washington Post, quoted Jon Hartley in Trump economist outlines case for business tax cuts as GOP weighs bill, June 16, 2025, discussing a report for the National Bureau of Economic Research that Hartley wrote with White House National Economic Council Director Kevin Hassett and Joshua D. Rauh
-John Carney, Breitbart News, quoted Jon Hartley in Even More Beautiful Than Thought: Economists Find Bigger Payoff From Expensing as Senate Weighs Tax Plan, June 16, 2025, discussing a report for the National Bureau of Economic Research that Hartley wrote with White House National Economic Council Director Kevin Hassett and Joshua D. Rauh
-Jackson Mejia, FREOPP.org, How much did TCJA boost wages? It’s complicated, May 22, 2025
-Dan Lips & Michael Toth, The Hill, The one-two punch working parents need for educational choice, May 22, 2025
-Avik Roy, FREOPP.org, New ways to reduce Medicaid spending while protecting the vulnerable, May 8, 2025
-Michael Tanner, FREOPP.org, TCJA: A boost for poorer Americans, May 5, 2025
