1848: Ask Farnoosh: Big Beautiful Bill Winners and Losers

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 4 July 2025

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s July 4th—a day for fireworks and freedom—but this year, we’re confronting a very different kind of spark. In this special holiday episode, Farnoosh breaks down the controversial “Big Beautiful Bill,” passed by the House. The sweeping legislation includes massive tax cuts for the wealthy and deep spending cuts to public services like health care and education. Farnoosh explains who stands to gain—and who could lose access to critical benefits, from Medicaid to special education funding.

Then, it’s time for the mailbag! Farnoosh answers your money questions, including:

With markets at record highs and a rate cut on the horizon, where should you put your money? (Hint: It depends on your timeline—rainy-day fund, short-term goals, or retirement.)
How to tackle credit cards with high balances, even in a rising interest rate environment.
What are medical billing advocates—and how can they help you lower your health care bills?

Transcript

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0:00.0	Fulham Pier is
0:01.0	Being sported for choice
0:02.1	In a Riverside Food Hall
0:03.4	And playing with interactive art
0:04.9	Tree Pose with Riverviews
0:06.6	Fairly laughing at local comedians
0:08.2	Kids dancing at a toddler disco
0:10.0	Claring Checkmate with the Nogroni
0:11.9	Flat whites and River strolls
0:13.5	Sampling Chef Adam Bay at seasonal menus
0:15.8	Watching rowers go head to head
0:17.7	Recharging with a luxurious
0:19.3	Riverside staycation
0:20.5	Slowing down to enjoy what matters most London's most go head to head. Recharging with a luxurious riverside staycation.
0:23.9	Slowing down to enjoy what matters most.
0:27.4	London's most exciting new riverside destination is now open.
0:29.8	Visit fulimpeer.com.
0:35.6	So Money episode 1848 Ask Farnoosh.
0:40.8	You're listening to So Money with award-winning money guru Farnoose Torabi. Each day, get a 30-minute dose of financial inspiration from the world's top
0:45.9	business minds, authors, influencers, and from Farnoose yourself. Looking for ways to save on gas
0:53.0	or double your double coupons? Sorry. You're in the wrong place. Seeking profound ways to save on gas or double your double coupons?
0:54.7	Sorry, you're in the wrong place.
	...

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