Criminal Law Library Blog
From the Congressional Budget Office (CBO), June 12, 2025:*
OVERVIEW:
“This interactive tool illustrates the distributional effects of H.R. 1, the One Big Beautiful Bill Act. It allows users to explore how H.R. 1, as passed by the House of Representatives on May 22, 2025, would affect the economic resources available to households grouped on the basis of their income. (See CBO’s estimate of the budgetary effects of the bill.)
In CBO’s assessment, the legislation would affect household resources through several channels:
- Federal taxes and cash transfers (such as Social Security benefits);
- Federal and state in-kind transfers (such as Medicaid benefits);
- States’ fiscal responses (that is, changes in state taxes and spending resulting from changes in state spending on program benefits); and
- Other spending and revenues (which CBO allocates as if they were public goods).
Each channel would affect household resources in different ways. The effects are not all directly comparable, so caution should be taken when interpreting the combined effects of different resource channels. For example, both reductions in taxes and increases in border security spending would have a positive effect on household resources in this analysis, but the ways in which households would benefit from them are different.”
INTERACTIVE TOOL ILLUSTRATING THE DISTRIBUTIONAL EFFECTS OF H.R. 1 THE ONE BIG BEAUTIFUL BILL ACT.
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*Established in 1974, The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government. It is charged with providing members of Congress objective analysis of budgeting and economic issues to support the congressional budget process. Each year, CBO economists and budget analysts produce dozens of reports and hundreds of cost estimates for proposed legislation.