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Pro-AI, pro-pollution, pro-surveillance: what you should know about Trump’s budget
- The 'One Big Beautiful Bill Act' passed by House Republicans would weaken state oversight of AI, cut consumer protections, and fund border surveillance.
- The bill still needs Senate approval, but President Trump is pushing for its passage into law.
- Key provisions include a 10-year moratorium on state AI laws, cutting green energy tax credits, and scaling back funding for consumer protection.
- The moratorium on state AI laws aims to boost US innovation and competitiveness, but critics fear it could hinder existing regulations.
- Some Republican senators, like Marsha Blackburn and Josh Hawley, have expressed concerns over the AI law pause, citing the need for federal preemption and states' rights.
- The bill also reduces tax credits for electric vehicles and phases out wind and solar energy credits by 2032.
- Consumer Financial Protection Bureau's funding would be further capped under the bill, impacting its ability to handle consumer complaints and regulate financial services.
- Bill includes billions for border security, funding for wall construction, and technology to detect contraband.
- Starting in 2027, health care plans from ACA marketplace will be barred from offering gender-affirming care, impacting hormone therapy and surgery.
- The bill also prohibits Medicaid from covering gender transition procedures for minors and adults while mandating coverage for detransition.
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