ONE BIG BEAUTIFUL REPORT: How Washington Republicans Betrayed Working Families

WASHINGTON, DC - One year after Republicans in Congress passed Donald Trump's One Big Beautiful Bill Act, the office of Senator Jacky Rosen (D-NV) released a report outlining the legislation's impact on Nevada. The extreme partisan bill, which Republicans forced through Congress in the middle of the night with no Democratic votes, gives a tax cut worth more than $1 trillion to the top one percent of taxpayers, paid for by the largest cuts to Medicaid and SNAP in history. Senator Rosen was outspoken in her opposition to the legislation and voted against it in the Senate.

"One year after Washington Republicans forced their cruel budget through Congress, the devastating impacts are becoming even clearer," said Senator Rosen. "As working families were being crushed by rising costs, Washington Republicans took away health care and SNAP benefits from tens of thousands of Nevadans so they could pay for tax handouts to the ultra-wealthy. This bill was a shameful betrayal of hardworking Americans, and a clear demonstration of where Trump and Congressional Republicans' priorities lie."

"We're also seeing the unique impacts this bad bill is having on Nevada, like the unfair change to the gambling tax deduction that charges gamblers tax on non-existent winnings and could discourage visitors from playing and placing bets in Nevada's casinos," Senator Rosen continued. "Despite bipartisan calls to fix this provision, Republicans in Congress have blocked our attempts to get it done while continuing to rubber stamp Trump's policies that are hurting our tourism economy across the board."

Below are new estimates of the One Big Beautiful Bill Act's impact:

Health Care Cuts

• Washington Republicans' bill cut Medicaid by more than $900 billion, and Nevada's Medicaid budget is projected to decrease by over $10 billion, or 16%, by 2034.
  
• Over 28,000 Nevadans have lost Medicaid coverage in the year since Washington Republicans forced their Medicaid cuts through Congress.
  
• As deeper cuts continue to go into effect, more Americans are projected to lose their Medicaid. In the next two years alone, up to 145,000 Nevadans - nearly 20% of those currently covered - could lose their Medicaid coverage.
  • As of May 2025, prior to the passage of Republicans' bill, Medicaid covered more than one in five Nevadans and over 40% of births in the state.
    
• Republicans' One Big Beautiful Bill Act also failed to extend the Affordable Care Act's (ACA) enhanced premium tax credits, which expired at the end of 2025 due to Trump and Congressional Republicans' refusal to work with Democrats to extend them. As a result, an estimated 6,400 Nevadans have dropped their ACA coverage so far in 2026.
  • Nationwide, the average monthly premium payment rose 58% from $113 to $178. A record proportion of ACA Marketplace enrollees chose bronze plans, which offer a lower premium in exchange for high deductibles.

Food Assistance

• The bill made the largest cut to SNAP in U.S. history and took away benefits from 4 million Americans - a 10% decline in enrollment.
  
• Nevada was hit significantly harder than the national average, with a 15% reduction in enrollment. 70,965 Nevadans have lost their SNAP benefits.
  • To put Nevada's SNAP enrollment numbers into context, in 2022, children accounted for nearly 40% of SNAP recipients, and Nevadans over the age of 60 accounted for 17%.
    
• As millions of Americans lose their food assistance, grocery prices are up nearly three percent since last summer due to Trump's tariffs and reckless actions abroad.
  • In some categories, like fresh produce, prices are up over six percent.

Taxing Gaming Losses

• A change to the tax code included in the bill limits gamblers to a 90% deduction of their gambling losses rather than the previous 100%, meaning gamblers could have to pay taxes on money they lost.
  
• Prominent industry leaders have urged Trump and Congress to rectify the issue, expressing concerns about its effect on the legal gaming industry and potential to push players to offshore casinos and sportsbooks. House Ways and Means Committee Chairman Jason Smith (R-MO) has called the provision in the bill he and Republicans jammed through Congress a "mistake" that needs to be undone, but one year after its passage, the Republican tax hike on gamblers still stands.
  
• Senator Rosen and Senator Catherine Cortez Masto (D-NV) tried to pass their bipartisan FULL HOUSE Act to fix this tax issue, but were blocked by Senate Republicans.

National Debt

• Washington Republicans' legislation will add $4.7 trillion to the national debt by 2035.
  • According to the nonpartisan Committee for a Responsible Federal Budget, the national debt is now larger than the U.S. economy and is nearing its all-time record ratio, which was reached in the immediate aftermath of World War II.
    
• Combining the first year of Trump's second term with his first term, he has added more to the national debt than any other president.

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