The one big, beautiful bill act has now been officially signed into action, and it represents a pivotal moment for the United States.

Now, on one side, it includes tax cuts, large-scale spending cuts, and also a large amount of brand-new spending.

In today's episode, I want to go over what was actually included in the final version of the bill.

Meanwhile, Elon Musk's new third

political party has been officially formed. Paperwork has now been filed with the Federal Election

Commission to create Elon Musk's America Party. And the filing list the chief financial officer

is Vibhav Tanija, who's also the CFO for Tesla.

Also in other news, the Chinese Communist Party is allegedly planning to build new centers for

organ harvesting. I'll be talking about these topics and a lot more today.

I'm the Epic Times Senior Investigator reporter Joshua Phillip, and you're listening to Crossroads.

Welcome to Crossroads, a show by the Epic Times that goes beyond the headlines. Now, as always,

don't forget to hit the like button. It really helps it get the show out to more people.

But look, the one big,

beautiful bill act has now been officially signed into action. Trump signed it, and it represents a pivotal moment for the United States on one side or the other, depending where you stand on it.

Now, look, part of this, it does include tax cuts. It includes large-scale spending cuts and it also includes

well a whole lot of brand new spending but i want to go for what was actually included in the

final version of the bill because a lot of people might be asking well what's actually in it right

now first off it does include some pretty big tax cuts. Basically, what it does, the biggest thing probably, it takes Trump's tax cuts from his first administration, like the 2017. This was the Tax Cuts in Job Act, and it makes those permanent. So they're now officially signed into law, again, passed by Congress, voted on, signed.

It also increases the child tax credit to $2,500.

It raises a state and local tax that's the salt deductions from $10,000 to $40,000, so a big jump,

and that's if you make less than half a million dollars a year.

Now, it also has the no tax on tips, one of the big things that they added to it.

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