The official Congressional Budget Office (CBO) analysis is in! Discover what the "Big Beautiful Bill" means for YOUR family's bottom line.
That's what's in it for you.. though how do you feel when you look at it vs what's in it for America's wealthiest individuals?
The Congressional Budget Office (CBO) uses the "square root scale" to adjust household income for family size. This accounts for economies of scale in larger households.
Equivalized Income = Household Income รท โ(Household Size)
Your equivalized income is compared against CBO's income thresholds to determine which decile (10% segment) of the population you fall into:
Once your decile is determined, we apply the CBO's projected annual percentage changes for that income group from their official analysis of the legislation's fiscal impact from 2026-2034.
๐ View CBO Distributional Effects Report (PDF)Source: All calculations and projections are based on the Congressional Budget Office's official analysis. The equivalization method and income thresholds are standard CBO methodology for distributional analysis.
Yes, no-tax-on-tips and overtime breaks are included in the calculations you see, but they're temporary breaks for workers, dwarfed by permanent tax cuts for the wealthy buried in the 1,000-page bill.
While servers might save $500/year, the top 10% pocket $12,044/year, exasperating the inequality gap as low-income families lose $1,600 annually from Medicaid/SNAP cuts.
The Reality Check:
By now you know the answer, while it does do some of that too it also takes away from hard working Americans... don't trust what you are being told, go read the bill and see for yourself what is being passed!
What the bill ACTUALLY does:
Calculations use CBO's square-root equivalization. Data: H.R. 1 Distributional Effects (June 2025)